Caltrac Company Had Net Cash Used by Operating Activities of $(150,000),had

question 45

Multiple Choice

Caltrac Company had net cash used by operating activities of $(150,000) ,had proceeds from the sale of a stock investment of $100,000,and incurred capital expenditures of $50,000.What is Caltrac Company's free cash flow?

• A)$100,000
• B)$(50,000)
• C)$(200,000)
• D)$0
• E)$50,000

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Definitions:

Physical Substance

This refers to the tangible nature of an asset, meaning it can be seen, touched, or physically measured.

Acquisition Cost

The total cost associated with acquiring an asset, including purchase price, installation fees, and other expenses necessary to prepare the asset for its intended use.

Entire Business

Refers to the complete operations and assets of a company as a single entity.

Loss On Disposal

The financial loss incurred when an asset is sold or disposed of for less than its carrying amount.