Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. free cash flow 20y2 dillin inc. reported the follo

Free cash flow 20Y2 Dillin Inc. reported the following on the company's statement of cash...

90.2K

Verified Solution

Question

Accounting

image
Free cash flow 20Y2 Dillin Inc. reported the following on the company's statement of cash flows in 2012 and 20Y1: 2011 Net cash flow from operating activities $476,000 $455,000 Net cash flow used for investing activities (427,000) (378,000) Net cash flow used for financing activities (42,000) (58,800) Eighty percent of the net cash flow used for investing activities was used for the purchase of property, plant, and equipment. a. Determine Dilin's free cash flow for both years. 2012 2011 Free cash flow 91,000 x 134,400 x b. Has Dillin's tree cash flow improved or declined from 2071 to 2027 Improved X Fodbo Checy or (Cash flows from operating activities - Cash used to purchase property, plant, and equipment/Sales to obtain the ratio. This ratio measures theo flow available to a company after it purchases the property, plant, and equipment necessary to maintain its current operations, Positive free cash considered favorable

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students