(Solved by Humans)-Zedek Corporation had cash flows from operating activities during the past year of $216,000.
Question
Zedek Corporation had cash flows from operating activities during the past year of $216,000. During the year, the company expended $462,000 for property, plant, and equipment; sold property, plant, and equipment for $54,000; and paid dividends of $50,000. Calculate the company’s free cash flow. What does the result tell you about the company?
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