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Compute the company free cash flow

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Question - The management of Morrow Inc. is trying to decide whether it can increase its dividend. During the current year, it reported net income of $870,290. It had net cash provided by operating activities of $731,420, paid cash dividends of $66,950, and had capital expenditures of $275,710.

Compute the company's free cash flow.

Reference no: EM132089218

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