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zzz [600]
3 years ago
14

Suggett Corporation's net cash provided by operating activities was $34; its income taxes were $12; its capital expenditures wer

e $24; and its cash dividends were $7. How much was the company's free cash flow? A. $77 B. $(19) C. $3 D. $15
Business
1 answer:
yan [13]3 years ago
3 0

Answer: Option (C) is correct.

Explanation:

Given that,

Net cash provided by operating activities = $34

Income taxes = $12

Capital expenditures = $24

Cash dividends = $7

Free Cash Flow = Cash Provided by Operating Activities - Dividends - Capital Expenditure

                           = $34 - $7 - $24

                           = $3

Therefore, the company's free cash flow was $3.

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The amount by which Alex's deposit amount vary from Javier's if Alex also makes a deposit today, but earns an annual interest rate of 6.2 percent is $3381.39.

<h3>How to calculate the value?</h3>

We use the formula:

A=P(1+r/100)^n

where

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Hence future value Javier will be:

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For Alex:

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P=58,954.40/(1.062)^27

=$11618.61

Hence difference will be:

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2 years ago
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Other options are incorrect because the United state's court of Appeals, federal claim and district are not the place where tax related disputes are legally handled and heard.Thus, the correct option is option(D).

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