Calculate the companys free cash flow

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Business application- Zee Corporation had net cash flows from operating activities during the past year of $432,000. During the year, the company expended $924,000 for property, plant, and equipment; sold property, plant, and equipment for $108,000; and paid dividends of $100,000. Calculate the company's free cash flow. What does the result tell you about the company?

Reference no: EM13914241

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