The managerial accountant at the Organic Food Shoppe used the indirect method to prepare the Statement of Cash Flows and reported the following data:
The managerial accountant is required to determine the amount of free cash flow at the company. Calculate the free cash flow at the company and list at least three ways the company can use the free cash flow at the business.

Question

The managerial accountant at the Organic Food Shoppe used the indirect method to prepare the Statement of Cash Flows and reported the following data:
  The managerial accountant is required to determine the amount of free cash flow at the company. Calculate the free cash flow at the company and list at least three ways the company can use the free cash flow at the business.

Quizplus · Accepted Answer

The Answer of The managerial accountant at the Organic Food Shoppe used the indirect method to prepare the Statement of Cash Flows and reported the following data:
  The managerial accountant is required to determine the amount of free cash flow at the company. Calculate the free cash flow at the company and list at least three ways the company can use the free cash flow at the business.

The Managerial Accountant at the Organic Food Shoppe Used the Indirect