Net Cash Provided by Operating Activities Is $2

question 105

Multiple Choice

Net cash provided by operating activities is $2.9 million.Planned capital expenditures are $2.4 million.Depreciation expense is $1.2 million per year.What is free cash flow?

• A)($700,000)
• B)$500,000
• C)$1,200,000
• D)$1,700,000

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