Trent Co. reports the following information: Net cash provided by operating activities Average current liabilities Average long-term liabilities Dividends paid Capital expenditures Purchase of treasury stock Payments of debt Trent's free cash flow is O $20000. O $90000. O $210000. O $310000. $430000 300000 200000 120000 220000 22000 70000

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter11: The Statement Of Cash Flows
Section: Chapter Questions
Problem 10MCQ
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Trent Co. reports the following information:
Net cash provided by operating activities
Average current liabilities
Average long-term liabilities
Dividends paid
Capital expenditures
Purchase of treasury stock
Payments of debt
Trent's free cash flow is
O $20000.
O $90000.
O $210000.
O $310000.
$430000
300000
200000
120000
220000
22000
70000-
Transcribed Image Text:Trent Co. reports the following information: Net cash provided by operating activities Average current liabilities Average long-term liabilities Dividends paid Capital expenditures Purchase of treasury stock Payments of debt Trent's free cash flow is O $20000. O $90000. O $210000. O $310000. $430000 300000 200000 120000 220000 22000 70000-
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