Solved: In order to maintain production at 4800 laptops skysong, Accounting Basics

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In order to maintain production at 4800 laptops skysong

Question - Suppose that Skysong, Inc. produced and sold 4800 laptop computers during 2017. It reported $106600 cash provided by operating activities. In order to maintain production at 4800 laptops, Skysong invested in $7050 in equipment. Skysong paid $1150 in dividends. What is Skysong's free cash flow?

A) $106600

B) $98400

C) $113600

D) $114800

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Accounting Basics: In order to maintain production at 4800 laptops skysong

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Accounting Basics: In order to maintain production at 4800 laptops skysong

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