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Holmes inc expects net cash flow from operating activities

Question - Holmes, Inc. expects net cash flow from operating activities to be $160,000, and the company plans purchases of equipment of $83,000 and repurchases of stock of $24,000. What is Holmes's free cash flow?

A. $53,000

B. $160,000

C. $77,000

D. $83,000

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Accounting Basics: Holmes inc expects net cash flow from operating activities

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Accounting Basics: Holmes inc expects net cash flow from operating activities

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