Refer to the following information of Harris Inc.
Net Cash from operating activities, $25,000
Net Cash from financing activities, $35,000
Net Cash used in investing activities, apart from investment in Long-Term Assets, $12,000.
Net Cash used in investing activities, ($20,000)
Investment in Long-Term Assets, $12,000
Cash dividend paid $10,000.
Calculate free cash flow of Harris Inc.
Correct Answer:
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