Determine martinez free cash flow

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Question - Martinez Corporation engaged in the following cash transactions during 2010.

Sale of land and building $191,000

Purchase of treasury stock 40,000

Purchase of land 37,000

Payment of cash dividend 95,000

Purchase of equipment 53,000

Issuance of common stock 147,000

Retirement of bonds 100,000

Determine Martinez's free cash flow, assuming that it reported net cash provided by operating activities of $400,000.

Reference no: EM131776682

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