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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Definitions:

Enslaved People

Individuals forcibly taken into bondage and deprived of personal freedom for the purpose of labor or servitude.

Total Population

Total population refers to the entire number of people inhabiting a particular country, region, or area, measured at a certain time.

Loyalists

Colonists who remained loyal to Great Britain during the War of Independence.

American Revolution

The colonial revolt that took place between 1765 and 1783, in which the Thirteen American Colonies won independence from Great Britain, establishing the United States.