During 2017, ecuyer industries reported cash provided by operations of $794,000, cash used in investing of $686,000, and cash used in financing of $190,000. in addition, cash spent for fixed assets during the period was $276,000. average current liabilities were $650,000 and average total liabilities were $1,716,000. no dividends were paid. based on this information, what was ecuyer's free cash flow?

$518,000

Explanation:

Data provided in the question:

cash provided by operations = $794,000

Cash used in investing = $686,000

Cash used in financing = $190,000

cash spent for fixed assets during the period = $276,000

Average current liabilities = $650,000

Average total liabilities = $1,716,000

Now,

Ecuyer's free cash flow

                Particulars                                                             Amount

          Cash provided by operations                                  $794,000

Less:  Cash spent for fixed assets during the period       $276,000

Ecuyer's free cash flow                                                       $518,000

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