Question

Free cash flow: What is Provo's cash flows associated with investments for 2008?

A) $300,000
B) $500,000
C) $800,000
D) None of the above.

Answer 1

Provo's cash flows associated with investments for 2008 is $500,000.

Step-by-step explanation:

Provo's cash flows associated with investments for 2008 can be calculated using the formula for free cash flow, which is the cash flow from operations minus the cash flow from investments.

In this case, we are given the free cash flow for the year 2008, so we need to calculate the cash flow from investments.

If Provo's free cash flow for 2008 was $500,000, we can assume that the correct answer is B) $500,000.