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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Zedek Corporation had net 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 doest the result tell you about the company?
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