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ABC Oil in 2021 had the following information: net capital purchases of $2,700,000 common share dividends of $100,000 pr
Posted: Fri Jul 01, 2022 8:28 am
by answerhappygod
- Abc Oil In 2021 Had The Following Information Net Capital Purchases Of 2 700 000 Common Share Dividends Of 100 000 Pr 1 (22.21 KiB) Viewed 31 times
ABC Oil in 2021 had the following information: net capital purchases of $2,700,000 common share dividends of $100,000 preferred share dividends of $50,000 Share buybacks $2,000,000 Net Income $2,500,000 Total cash flow of $5,000,000 Operating Cash Flow of $3,000,000 Financing Cash Flow of $1,000,000 Investing Cash Flow of $1,000,000 What was its Net Free Cash Flow? DO NOT PUT COMMAS OR $ IN YOUR ANSWER Answer: 250000 The correct answer is: 250000