Westlake Corporation has the following information (obtained) from its balance sheet, income statement and statement of retained earnings.
Increase in current assets. $50
Operating income. $75
Interest expense. $25
Increase in accounts payable. $35
Dividends. $15
Increase in common stock. $20
Increase in net fixed assets. $23
Depreciation expense. $12
Income tax. $17
1. Compute its free cash flow from operations.
2. Compute its uses of free cash flows.
3. Interpret the results above.