ANSWERS TO QUESTIONS

Sale of land and building $181,000 Purchase of land (37,000) Purchase of equipment (53,000) Net cash provided by investing activities $ 91,000 BRIEF EXERCISE 5-15 ... (÷ $184,000 + $247,000 = 2 .61 to 1 Free Cash Flow Analysis Net cash provided by operating activities $132,000 Less: Purchase of equipment (60,000) Dividends (60,000) Free cash ... ................
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