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tivo tivo
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7 years ago
On its Statement of Cash Flows, Mike's Motors reported cash flow from operating activities of $107,000, cash flow from investing activities of $88,000, and cash flow from financing activities of ($62,000). Mike's Motors invested $54,000 cash in long-term assets. Mike's Motors' free cash flow is:
A) $34,000.
B) $8,000.
C) $53,000.
D) $79,000.
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Financial Accounting

Financial Accounting


Edition: 3rd
Authors:
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antonio_johnantonio_john
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Massachusetts Institute of Technology
-- Accounting

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tivo Author
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#2
7 years ago
I appreciate it once again, answered correctly
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