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Milford Lighting Supply Expects the Following for 2016: Net Cash $281,000\$ 281,000

Question 112

Multiple Choice

Milford Lighting Supply expects the following for 2016: Net cash provided by operating activities of $281,000\$ 281,000
Net cash provided by financing activities of $65,000\$ 65,000
Net cash provided by investing activities of $85,000\$ 85,000
Cash dividends paid to stockholders of $24,000\$ 24,000 Milford expects to spend $157,000 to modernize its showroom.
How much free cash flow does Milford expect for 2016?


A) $124,000
B) $277,000
C) $100,000
D) $107,000

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