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pickupchik [31]
2 years ago
9

Packard Corporation reports the following information: Net cash provided by operating activities $335,000 Average current liabil

ities 150,000 Average long-term liabilities 100,000 Dividends paid 60,000 Capital expenditures 110,000 Payments of debt 35,000 Packard's free cash flow is
A. $130,000.
B. $165,000.
C. $275,000.
D. $225,000.
Business
1 answer:
Molodets [167]2 years ago
4 0

Answer:

$165,000

Explanation:

Free cash flow is the net cash cash flow available for the shareholders or for the reinvestment after paying all capital expenditure.

The Depreciation is already adjusted in the Cash Flow from operating activities.

Free Cash Flow = Cash Flow from operating activities - Dividend payment - Capital expenditure

Free Cash Flow = $335,000 - $60,000 - $110,000 = $165,000

Current and Long term liabilities has nothing to do in free cash flow calculations.

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givi [52]

Answer:

C)

Explanation:

He can file a strict liability lawsuit against Big Ben Forts for failure to provide adequate instructions on assembling the product.

4 0
2 years ago
You want to invest some money today to ensure you have exactly $50 thousand in 6 years to use as the down payment on a house. Yo
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Answer:

True

Explanation:

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2 years ago
There are more corporations in this country than any other business structure.<br> OTrue<br> O False
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It would be false, Shareholders in a corporation are legally considered partial owners of the corporation.
6 0
2 years ago
Read 2 more answers
ABC company wants to start a new project but is unable to obtain the financing under any circumstances. This firm is facing:
Norma-Jean [14]

Answer:

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5 0
2 years ago
A print shop runs a two-station binding line, in which the first station punches holes in the pages and the second station insta
ycow [4]

Answer:

Punching machine

Explanation:

The computation is shown below:

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= 8,000 + 5,000

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But the punching machine process to 15,000 pages per hour

Now the utilization rate of punching is

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Now for binding

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So, the utilization rate is

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2 years ago
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