Dukas Corporation's net cash provided by operating activities was $218,000; its net income was $203,000; its capital expenditures were $146,000; and its cash dividends were $49,000.Required:Determine the company's free cash flow.
What will be an ideal response?
Free cash flow = Net cash provided by operating activities ? Capital expenditures ? Dividends
= $218,000 ? $146,000 ? $49,000 = $23,000
You might also like to view...
Future interests in land
a. are presently existing nonpossessory rights that may or may not develop later. b. are possessory interests because they permit the holder to take possession at some point. c. must create a right to, not merely the possibility of, possession at some time in the future or they would be merely illusory. d. cannot be bought and sold.
In a business decision where there are ethical concerns, the preferred course of action should be one that:
A. Results in maintaining operations at the current level. B. Avoids casting doubt on the decision maker and upholds trust. C. Maximizes the company's profits. D. Is agreed upon by the most managers. E. Costs the least to implement.
Please explain the three types of solicitation that are generally allowed.
What will be an ideal response?
Technology followership can be used to support
A. only a low-cost strategy. B. both low-cost and differentiation strategies. C. only a differentiation strategy. D. economies of scope but not scale economies. E. scale economies but not economies of scope.