Frankin Corporation's net cash provided by operating activities was $190; its capital expenditures were $83; and its cash dividends were $40. The company's free cash flow was:
A) $67
B) $107
C) $313
D) $150

Question

Quizplus · Accepted Answer

Free cash flow = Net cash provided by operating activities - Capital expenditures - Cash dividends= $190 - $83 - $40= $67

Frankin Corporation's Net Cash Provided by Operating Activities Was $190;