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Assume that during 2019, Cypress Semiconductor Corporation reported net cash provided by operating activities of $155,955,000, net cash used in investing activities of $207,200,000 (including cash spent for plant assets of $132,930,000), and net cash used in financing activities of $33,350,000. Dividends of $4,860,000 were paid.

Required:
Calculate free cash flow.

Respuesta :

ayokenny2001

Answer:

$18,165,000

Explanation:

Given that;

Cash provided by operating activities = $155,955,000

Net cash used in investing activities = $207,200,000 (including cash spent for plant asset of $132,930,000)

Net cash used in financing activities = $33,350,000

Dividends = $4,860,000

Then,

The free cash flow

= Cash provided by operating activities - Net cash used in investing activities - Dividends

= $155,955,000 - $132,930,000 - $4,860,000

= $18,165,000