Connor Designs Company Has Cash Flows for Operating Activities of $425,000

question 167

Essay

Connor Designs Company has cash flows for operating activities of $425,000. Cash flows used for investments in property, plant, and equipment totaled $65,000, of which 70% of this investment was used to replace machinery to maintain its current operations.
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What is the free cash flow for Connor Designs?

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Definitions:

Atm

Standard atmosphere; a unit of pressure defined as 101,325 Pa and used as a reference for atmospheric pressure.

Moles

A unit of measure in chemistry representing 6.02214076 × 10^23 particles of a substance, used to express amounts of a chemical substance.

Temperature

A measure of the average kinetic energy of the particles in a sample, influencing physical states, chemical reactions, and biological processes.

Atm

Short for "atmosphere," a unit of pressure or a reference to the gaseous envelope surrounding a celestial body.