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Advance company has the following information available which is cash provided by operations, $33,000; capital expenditures, $10,000; and dividends paid, $2,000. $21,000 is advance company's free cash flow.
What is cash flow?
The net balance of money coming into and going out of a business at a particular period is referred to as cash flow. A firm constantly receives and expends cash. For instance, when a retailer buys merchandise, money leaves the company and goes to its suppliers.
How is cash flow determined?
Add your net income and non-cash expenses, then deduct your change in working capital and capital expenditures to arrive at free cash flow.
To know more about cash flow, click here- brainly.com/question/735261
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