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eBook Question Content Area Free Cash Flow Lovato Motors Inc. has net cash flows from...

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Accounting

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Question Content Area

Free Cash Flow

Lovato Motors Inc. has net cash flows from operating activities of $936,000. Cash flows used for investments in property, plant, and equipment totaled $580,000, of which 75% of this investment was used to replace existing capacity.

Determine the free cash flow for Lovato Motors Inc. $fill in the blank 1

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