Havery has the following cash flow & earnings numbers: $$\begin{array} { | l | r | }
\hline \text { Cash flows from operations } & \$ 585 \
\hline \text { Capital expenditures } & \$ 154 \
\hline \text { Net income } & \$ 166 \
\hline \text { Dividends declared } & \$ 210 \
\hline \text { Dividends paid } & \$ 180 \
\hline
\end{array}$$ Havery has free cash flows of:

Question

Havery has the following cash flow & earnings numbers: $$\begin{array} { | l | r | } 
\hline \text { Cash flows from operations } & \$ 585 \
\hline \text { Capital expenditures } & \$ 154 \
\hline \text { Net income } & \$ 166 \
\hline \text { Dividends declared } & \$ 210 \
\hline \text { Dividends paid } & \$ 180 \
\hline
\end{array}$$ Havery has free cash flows of:

Quizplus · Accepted Answer

Free cash flow is calculated as cash flows from operations minus capital expenditures. Thus, $585 - $154 = $431. However, the choices provided do not match this calculation, so it seems there might be an error in the options or the question.

Havery Has the Following Cash Flow & Earnings Numbers Havery Has Free Cash Flows Of: A) $221 B) $251

Havery Has the Following Cash Flow & Earnings Numbers Havery Has Free Cash Flows Of:
A) $221
B) $251