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  3. simpson, inc. reported $100,000 cash provided by o

Simpson, Inc. reported $100,000 cash provided by operating activities. The company paid $30,000 to purchase...

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Question

Accounting

Simpson, Inc. reported $100,000 cash provided by operating activities. The company paid $30,000 to purchase production equipment and paid $10,000 in dividends. How much is Simpsons free cash flow?

A.

$140,000
B.

$70,000
C.

$60,000
D.

$100,000

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