| ABC Corporation Statement of Cashflow Net cash in operating activities | $575,248 Net cash in investing activities | - $63, 370 Net cash in financial activities - | - $429,883 The above table presents ABC Corp's current Consolidated Statement of Cashflow (CSCF). From income statement, ABC Corp paid $83,551 for debt interest and it's effective tax rate is 21.03 %. What is the free cash flow of ABC Corp during this fiscal period? Group of answer choices $509, 165 $511, 878 $577,858 $556, 772

| ABC Corporation Statement of Cashflow Net cash in operating activities | $575,248 Net cash in investing activities | - $63, 370 Net cash in financial activities - | - $429,883 The above table presents ABC Corp's current Consolidated Statement of Cashflow (CSCF). From income statement, ABC Corp paid $83,551 for debt interest and it's effective tax rate is 21.03 %. What is the free cash flow of ABC Corp during this fiscal period? Group of answer choices $509, 165 $511, 878 $577,858 $556, 772

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter11: The Statement Of Cash Flows

Section: Chapter Questions

Problem 11MCQ: Chasse Building Supply Inc. reported net cash provided by operating activities of $243,000, capital...

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