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20 April, 00:20

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

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  1. 20 April, 01:04
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    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
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