Answer:
Free cash flow = $12,000
Step-by-step explanation:
given data
Net income = $20,000
Cash provided by operating activities = $30,000
Cash sales = $75,000
Capital expenditures = $12,000
Cash dividends = $6,000
to find out
What is Blackstone’s free cash flow
solution
we get here Free cash flow that is express as
Free cash flow = Cash provided by operating activities - Capital expenditures - Cash dividends ........................1
put here value
Free cash flow = $30,000 - $12,000 - $6,000
Free cash flow = $12,000