Boulder Company had net cash flows of $150,000 from operating activities. It extended $60,000 for purchases of plant assets, sold plant assets for $5,000, and paid dividends of $70,000. The company's free cash flow is
A) $25,000.
B) $50,000.
C) $60,000.
D) $75,000.
A
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What will be an ideal response
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Indicate whether the statement is true or false