During 2011, Klugman Industries reported cash provided by operations of €690,000, 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) (€339,000)
B) €1,440,000
C) €276,000
D) (€888,000)
Correct Answer:
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