During 2014, Klugman Industries reported cash provided by operations of €890,000, cash used in investing of €1,029,000, and cash used in financing of €135,000. In addition, cash spent for fixed assets during the period was €414,000. No dividends were paid. Based on this information, what was Klugman's free cash flow?
A) (€139,000)
B) €1,640,000
C) €476,000
D) (€688,000)
Correct Answer:
Verified
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