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19 April, 06:49

Assume that during 2019, Cypress Semiconductor Corporation reported net cash provided by operating activities of $155,040,000, net cash used in investing activities of $207,125,000 (including cash spent for plant assets of $132,415,000), and net cash used in financing activities of $33,300,000. Dividends of $4,630,000 were paid. Calculate free cash flow. (Enter a negative amount using either a negative sign preceding the number e. g. - 15,000 or parentheses e. g. (15,000).)

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  1. 19 April, 06:54
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    Free cash flow = $17,995,000

    Explanation:

    Given:

    Cash provided by operating activities = $155,040,000

    Net cash used in investing activities = $207,125,000 (including cash spent for plant assets of $132,415,000),

    Net cash used in financing activities = $33,300,000

    Dividends = $4,630,000

    To find the free cash flow, we use:

    Cash provided by operating activities - capital expenditures (cash spent for plant assets) - dividends.

    Free cash flow = $155,040,000 - $132,415,000 - $4,630,000

    = $17,995,000
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