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31 August, 15:48

Marigold's Pest Control Products has the following information available: net income, $15800; cash provided by operations, $21700; cash sales, $65200; capital expenditures, $10100; and dividends paid, $3500. What is Marigold's free cash flow?

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  1. 31 August, 16:08
    0
    The Maigold's free cash flow can be calculated using the below formula:

    Cash Provided by Operations-Capital expenditure-Dividends paid

    Explanation:

    Cash provided by operations $21700

    Capital expenditure ($10100)

    Dividends paid ($3500)

    Free cash flow of Maigold's $8100
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