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Question - Sunland Company reports the following information:
Net cash provided by operating activities 335000
Average current liabilities 142000
Average long-term liabilities 90000
Dividends paid 58000
Capital expenditures 103000
Payments of debt 35500
Required - Compute the Sunland's free cash flow?
a. $138500.
b. $174000.
c. $232000.
d. $277000.
State whether you agree or disagree with Faith's method of handling each situation and explain your answer.
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During June, the business recorded $334000 in revenues, $151000 in expenses, and dividends of $58000. Stockholders' equity at the end of June was
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