Lemar Corporation's net cash provided by operating activities was $70;its income taxes were $13;its capital expenditures were $67;and its cash dividends were $5.The company's free cash flow was:
A)$155
B)-$59
C)$11
D)-$2

Question

Quizplus · Accepted Answer

Free cash flow = Net cash provided by operating activities - Capital expenditures - Dividends
= $70 - $67 - $5 = -$2

Lemar Corporation's Net Cash Provided by Operating Activities Was $70;its