During 2022, Marigold Corp. reported cash provided by operations of $619000, cash used in investing of $535000, and cash used in financing of $148000. In addition, cash spent on fixed assets during the period was $215000. Average current liabilities were $507000 and average total liabilities were $1338000. No dividends were paid. Based on this information, what was Marigold free cash flow? $84000. ($112000). $404000. ($471000).
During 2022, Marigold Corp. reported cash provided by operations of $619000, cash used in investing of $535000, and cash used in financing of $148000. In addition, cash spent on fixed assets during the period was $215000. Average current liabilities were $507000 and average total liabilities were $1338000. No dividends were paid. Based on this information, what was Marigold free cash flow? $84000. ($112000). $404000. ($471000).
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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During 2022, Marigold Corp. reported cash provided by operations of $619000, cash used in investing of $535000, and cash used in financing of $148000. In addition, cash spent on fixed assets during the period was $215000. Average current liabilities were $507000 and average total liabilities were $1338000. No dividends were paid. Based on this information, what was Marigold
$84000.
($112000).
$404000.
($471000).
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