Blackstone Company has the following information available: Net income, $20,000; Cash provided by operating activities, $30,000; Cash sales,

Blackstone Company has the following information available: Net income, $20,000; Cash provided by operating activities, $30,000; Cash sales, $75,000; Capital expenditures, $12,000; and Cash dividends, $6,000. What is Blackstone’s free cash flow?

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  1. Answer:


    Free cash flow = $12,000

    Explanation:

    given data

    Net income = $20,000

    Cash provided by operating activities = $30,000

    Cash sales = $75,000

    Capital expenditures = $12,000

    Cash dividends = $6,000

    to find out

    What is Blackstone’s free cash flow

    solution

    we get here Free cash flow that is express as

    Free cash flow = Cash provided by operating activities – Capital expenditures – Cash dividends     ……………………1

    put here value

    Free cash flow = $30,000 – $12,000 – $6,000


    Free cash flow = $12,000

    Reply

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