Solved

During 2011, Klugman Industries Reported Cash Provided by Operations Of €

Question 104

Multiple Choice

During 2011, Klugman Industries reported cash provided by operations of 690,000€ 690,000 , cash used in investing of 1,029,000€ 1,029,000 , and cash used in financing of 135,000€ 135,000 . In addition, cash spent for fixed assets during the period was 414,000€ 414,000 . No dividends were paid. Based on this information, what was Klugman's free cash flow?


A) (339,000) ( \in 339,000 )
B) 1,440,000€ 1,440,000
C) 276,000€ 276,000
D) (888,000) \quad ( \in 888,000 )

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents