Answer
Calculation of free cash flows:
Form the given data:Cash provided by operations is 123,100,000 dollars
Capital expenditure is 20,800,000 dollars
By substituting these values in the above formula:
Free cash flows = 123,100,000 - 20,800,000 = 102,300,000
Free cash flows = 102,300,000 dollars
Work Step by Step
Formula for calculation of free cash flows is as below:
Free cash flows = Cash provided by operations - capital expenditure-cash dividends
