Question

Outdoor Lighting Supply expects the following for​ 2018: Net cash provided by operating activities of $ 276 comma 000 Net cash provided by financing activities of $ 67 comma 000 Net cash provided by investing activities of $ 81 comma 000 Cash dividends paid to stockholders of $ 22 comma 000 Outdoor expects to spend $ 150 comma 000 to modernize its showroom. How much free cash flow does Outdoor expect for​ 2018?

Answer 1

Answer:

252.000 of free cash flow Outdoor can expect for 2018.

Explanation:

Operating, financing, and investing activities report positive cash flows for $424,000. Cash paid to stockholders and cost modernization report negative cash flows for $-172.000. Total cash flows is the sum of the amounts with opposite signs.