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Outdoor Lighting Supply expects the following for​ 2018: Net cash provided by operating activities of $ 276 comma 000 Net cash provided by financing activities of $ 67 comma 000 Net cash provided by investing activities of $ 81 comma 000 Cash dividends paid to stockholders of $ 22 comma 000 Outdoor expects to spend $ 150 comma 000 to modernize its showroom. How much free cash flow does Outdoor expect for​ 2018?

User Lilja
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1 Answer

2 votes

Answer:

252.000 of free cash flow Outdoor can expect for 2018.

Step-by-step explanation:

Operating, financing, and investing activities report positive cash flows for $424,000. Cash paid to stockholders and cost modernization report negative cash flows for $-172.000. Total cash flows is the sum of the amounts with opposite signs.

User Ftiaronsem
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