Assume that during 2020, Cypress Semiconductor Corporation reported net cash provided by operating activities of $155,845,000, net cash used in investing activities of $207,450,000 (including cash spent for plant assets of $132,005,000), and net cash used in financing activities of $33,370,000. Dividends of $4,310,000 were paid. Calculate free cash flow

Respuesta :

Answer:

The free cash flow is $19,530,000

Explanation:

Solution

Recall that:

Semiconductor Corporation reported net cash given by operating activities of= $155,845,000

The net cash flow = $207,450,000

The cash spent for plant assets of =$132,005,000

The net cash used in financing activities of =$33,370,000.

Dividends = $4,310,000

Now,

The free cash flow = cash provided by operating activities - capital expenditures-dividend paid

155,845,000 - 132,005,000-4,310,000

=23,840,000-4,310,000

= 19,530,000