Suppose that during 2022 Cypress Semiconductor Corporation reported net cash provided by operating activities of $98,216,000, cash used in investing of $44,315,000, and cash used in financing of $6,679,000. In addition, cash spent for fixed assets during the period was $26,246,000. No dividends were paid. Calculate free cash flow.  Free cash flow        $

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 32BE
icon
Related questions
Question

Suppose that during 2022 Cypress Semiconductor Corporation reported net cash provided by operating activities of $98,216,000, cash used in investing of $44,315,000, and cash used in financing of $6,679,000. In addition, cash spent for fixed assets during the period was $26,246,000. No dividends were paid.

Calculate free cash flow

Free cash flow        $

Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 3 steps

Blurred answer
Knowledge Booster
Cash Flow Statement Analysis
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Cornerstones of Financial Accounting
Cornerstones of Financial Accounting
Accounting
ISBN:
9781337690881
Author:
Jay Rich, Jeff Jones
Publisher:
Cengage Learning
Financial Accounting Intro Concepts Meth/Uses
Financial Accounting Intro Concepts Meth/Uses
Finance
ISBN:
9781285595047
Author:
Weil
Publisher:
Cengage
Principles of Accounting Volume 1
Principles of Accounting Volume 1
Accounting
ISBN:
9781947172685
Author:
OpenStax
Publisher:
OpenStax College
Financial Accounting: The Impact on Decision Make…
Financial Accounting: The Impact on Decision Make…
Accounting
ISBN:
9781305654174
Author:
Gary A. Porter, Curtis L. Norton
Publisher:
Cengage Learning