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What was concord free cash flow

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Problem 1: During 2022, Concord Corporation reported cash provided by operations of $635000, cash used in investing of $549000, and cash used in financing of $152000. In addition, cash spent on fixed assets during the period was $221000. Average current liabilities were $520000 and average total liabilities were $1373000. No dividends were paid. Based on this information, what was Concord free cash flow?

Option 1: $414000.

Option 2: $86000.

Option 3: ($484000).

Option 4: ($115000).

Reference no: EM132672019

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