Suppose in a recent quarter, alliance atlantis communications inc. reported net cash provided by operating activities of $45,600,000 and revenues of $264,800,000. cash spent on plant asset additions during the quarter was $1,600,000. no dividends were paid. calculate free cash flow. (enter negative amount using either a negative sign preceding the number e. g. -45 or parentheses e. g. ( free cash flow

Net cash generated for the Year ended  44,000,000

Explanation:

The operating activities already consider the cash collection from sales. We igonore the sales revenues as these sales could be iether on account or cash and we only focus on cahs movement.

The cash pend on assets pruchase is considered an investing activity.

net cash provided by operating activities of  45,600,000

Cash spent on investing activities:                   (1,600,000)  

      Net cash generated for the Year ended  44,000,000

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