Compute the companys free cash flow


Problem

The management of Marigold Inc. is trying to decide whether it can increase its dividend. During the current year, it reported net income of $872,200. It had net cash provided by operating activities of $649,800, paid cash dividends of $77,600, and had capital expenditures of $284,300. Compute the company's free cash flow.

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Financial Accounting: Compute the companys free cash flow
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