Net Cash Provided by Operating Activities Is $2

question 115

Multiple Choice

Net cash provided by operating activities is $2.3 million.Planned capital expenditures are $2 million.Depreciation expense is $1 million per year.What is free cash flow?

• A)($700,000)
• B)$300,000
• C)$1,000,000
• D)$1,300,000

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Definitions:

Contingent Reward Behaviour

A leadership approach where rewards or recognition are given to subordinates based on their performance or achievement of specific goals.

Laissez-faire Leadership

A leadership style characterized by minimal managerial intervention. Leaders provide tools and resources, but employees have the freedom to solve problems and make decisions on their own.

Quality LMX Relationships

Refers to high-quality leader-member exchange relationships characterized by mutual respect, trust, and obligation between leaders and their subordinates.

Same Workgroup

Pertaining to employees or members who operate within the same team or department, sharing common tasks and objectives.