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27 February, 09:49

Assume that during 2020, Cypress Semiconductor Corporation reported net cash provided by operating activities of $155,845,000, net cash used in investing activities of $207,450,000 (including cash spent for plant assets of $132,005,000), and net cash used in financing activities of $33,370,000. Dividends of $4,310,000 were paid. Calculate free cash flow

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  1. 27 February, 12:27
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    The free cash flow is $19,530,000

    Explanation:

    Solution

    Recall that:

    Semiconductor Corporation reported net cash given by operating activities of = $155,845,000

    The net cash flow = $207,450,000

    The cash spent for plant assets of = $132,005,000

    The net cash used in financing activities of = $33,370,000.

    Dividends = $4,310,000

    Now,

    The free cash flow = cash provided by operating activities - capital expenditures-dividend paid

    155,845,000 - 132,005,000-4,310,000

    =23,840,000-4,310,000

    = 19,530,000
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