Plotz Corporation's Net Cash Provided by Operating Activities Was $59,000;its

question 62

Essay

Plotz Corporation's net cash provided by operating activities was $59,000;its net income was $67,000;its income taxes were $29,000;its capital expenditures were $44,000;and its cash dividends were $13,000.
Required:
Determine the company's free cash flow.

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Definitions:

Multidirectional

Pertaining to changes or movements that occur in multiple directions or dimensions.

Cyclical

Characterized by or occurring in cycles, recurring in a pattern that can often predict.

Inherited Influences

Traits, behaviors, or conditions that are passed down from parents to their children through genes.

Environmental Influences

Refers to the physical, social, and cultural factors that affect an individual’s development and behavior.