If net cash flows from operating activities total $104,000,purchases of plant assets total $30,000,dividends total $12,000,and sales of plant assets total $17,000,the free cash flow equals

Question

Quizplus · Accepted Answer

Free Cash Flow = Net Cash Flows from Operating Activities - Purchases of Plant Assets - Dividends + Sales of Plant Assets
Free Cash Flow = $104,000 - $30,000 - $12,000 + $17,000
Free Cash Flow = $79,000. 
Therefore, the correct answer is A) $79,000.

If Net Cash Flows from Operating Activities Total $104,000,purchases of Plant