PLUS I Help I Contas PRINCIPLES OF ACCOUNTING FINANC ORION D

PLUS I Help I Contas PRINCIPLES OF ACCOUNTING (FINANC ORION Downloada Brief Exercise 12-11 Cash spent on Calculate free cash flow. Free cash flow 12 Corp. net cash used by operating activities of $106 ,903,000 and sales revenue of $3,149,671,700 during 2017, asset additions during the year was $85,951,300. (Show a negative free cash fnow with either a -sign e.g.-15,000 or in ls e.g. (15,000)) Question Attempts: 1 of 2 used SAVE rOR LATER

Solution

Free cash flow = Net cash flow from operating activities-Cash spent on plant assets

= -106903000-85951300

Free cash flow = -192854300