Answer:
what the question choices?
Deciding on an income usage would be useful.
Answer:
$19,525,000
Explanation:
Calculation to determine the free cash flow
Using this formula
Free cash flow=Net cash provided by operating activities-cash spent for plant assets-Dividends
Let plug in the formula
Free cash flow=$155,985,000-$132,295,000-$4,165,000
Free cash flow=$19,525,000
Therefore The Free cash flow is $19,525,000
Answer:
B. 4 years
Explanation:
Based on the information given about Tom in which we were been told that he elects the Life Income with a 10 year settlement option in which Tom dies in year 6, this means that
the beneficiary receives payments for 4 years calculater as:
Life Income 10 year Period- The year it took Tom to die which is year 6 which will eventually give us 4 years.
Therefore beneficiary receives payments for 4 years.