Sun Corporation Reports the Following Information Sun's Free Cash Flow Is:
A) $195,000
B) $145,000
C)

Sun Corporation reports the following information:
$\begin{array}{lr}\text { Net cash provided by operating activities } & \$ 255,000 \\ \text { Average current liabilities } & 150,000 \\ \text { Average long-term liabilities } & 100,000 \\ \text { Dividends paid } & 60,000 \\ \text { Capital expenditures } & 110,000 \\ \text { Payments of debt } & 35,000\end{array}$
Sun's free cash flow is:

A) $195,000
B) $145,000
C) $50,000
D) $85,000

Correct Answer:

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