Question 5 Not yet answered Marked out of 0.50 P Flag question Smith & Sons reported the following data: Cash flow from operations $80,000 Annual capital expenditures 25,000 Average current liabilities 60, Calculate the company's free cash Select one: O $80,000 0 $20,000 $45,000 o $55,000 The following information is available from the financial statements of Samuels Corporation for the year ended December 31: Net income $400,000 Increase in accounts payable $10,000 Depreciation expense $20,000 Payment of dividends $5,000 Decrease in accounts receivable $15,000 Increase in inventories $10,000 Decrease in income taxes payable $20,000 What is Samuels Corporation's net cash flow from operating activities? Select one: $405,000 $385,000 $395,000 O $415,000
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: Zin AI - Your personal assistant for all your inquiries!