Ask Question
Yesterday, 23:51

During 2022, Bramble Corp. reported cash provided by operations of $778000, cash used in investing of $672000, and cash used in financing of $186000. In addition, cash spent on fixed assets during the period was $270000. Average current liabilities were $637000 and average total liabilities were $1682000. No dividends were paid. Based on this information, what was Bramble free cash flow

+2
Answers (1)
  1. Today, 00:10
    0
    Bramble free cash flow was $508,000

    Explanation:

    Cash provided by operations = $778,000

    Cash used in investing = $672,000

    Cash used in financing = $186,000

    Cash spent on fixed assets during the period = $270,000

    Average current liabilities = $637,000

    Average total liabilities = $1,682,000

    Free cash flow = Cash flow from operating activities - Capital expenditures

    = $778,000 - $270,000

    = $508,000
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “During 2022, Bramble Corp. reported cash provided by operations of $778000, cash used in investing of $672000, and cash used in financing ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers