Dillin Inc. reported the following on the company’s statement of cash flows in 20Y2 and 20Y1: Eighty percent of the net

[answerhappygod]

Dillin Inc. reported the following on the company’s statement of cash flows in 20Y2 and 20Y1:
Eighty percent of the net cash flow used for investing activities was used for the purchase of property, plant, and equipment.
a. Determine Dillin’s free cash flow for both years.
b. Has Dillin’s free cash flow improved or declined from 20Y1 to 20Y2?
Free cash flow Dillin Inc. reported the following on the company's statement of cash flows in 2012 and 2011: 20Y2 $477,200 20Y1 $454,800 Net cash flow from operating activities Net cash flow used for investing activities (429,000) (376,000) Net cash flow used for financing activities (41,000) (56,000) Eighty percent of the net cash flow used for investing activities was used for the purchase of property, plant, and equipment. a. Determine Dillin's free cash flow for both years. 2012 20Y1 Free cash flow b. Has Dillin's free cash flow improved or declined from 2011 to 2012? Dedined Improved