During 2014, Ecuyer Industries reported cash provided by operations of $397,000,000, cash used in investing of $343,000,000, and cash used in financing of $95,000,000. In addition, cash spent for fixed assets during the period was $138,000,000. Average current liabilities were $325,000,000 and average total liabilities were $858,000,000. No dividends were paid. Based on this information, what was Ecuyer's free cash flow?
A) ($72,000,000) .
B) $54,000,000.
C) $259,000,000.
D) ($302,000,000) .
Correct Answer:
Verified
Q146: If a gain of $13,500 is incurred
Q146: All of the following adjustments are added
Q147: When using the indirect method to compute
Q148: The cash debt coverage is computed by
Q149: Minette Company reported net income of $120,000
Q150: The current cash debt coverage is computed
Q153: Land costing $125,000 was sold for $325,000
Q154: Laser Performance Inc. has the following
Q155: If a loss of $27,000 is incurred
Q156: Free cash flow provides an indication of
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents