Answer:
$518,000
Explanation:
Data provided in the question:
cash provided by operations = $794,000
Cash used in investing = $686,000
Cash used in financing = $190,000
cash spent for fixed assets during the period = $276,000
Average current liabilities = $650,000
Average total liabilities = $1,716,000
Now,
Ecuyer's free cash flow
Particulars Amount
Cash provided by operations $794,000
Less: Cash spent for fixed assets during the period $276,000
==============================================================
Ecuyer's free cash flow $518,000
