Question

Teal Corporation engaged in the following cash transactions during 2020. Sale of land and building $181,500...

Teal Corporation engaged in the following cash transactions during 2020.

Sale of land and building $181,500
Purchase of treasury stock 45,300
Purchase of land 43,500
Payment of cash dividend 90,700
Purchase of equipment 61,000
Issuance of common stock 157,000
Retirement of bonds 102,800


Determine Teal’s free cash flow, assuming that it reported net cash provided by operating activities of $407,240.

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Answer #1
particulars amount($)
CASH FLOW FROM OPERATING ACTIVITIES 407240
CASH FLOW FROM INVESTING ACTIVITIES:-
sale of landand building 181500
purchase of land -43500
purchase of equipment -61000
ne cash flow from investing activities 77000
CASH FLOW FROM FINANCING ACTIVITIES
purchase of treasury stock -45300
payment of cash dividend -90700
issuance of common stock 157000
retirement of bonds -102800
net cash flow from financing activities -81800
NET CASH FLOW FOR THE PERIOD 402440
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