Information for two companies in the same industry, Wingate Corporation, is presented here.

Instructions
Compute free cash flow for both companies and compare.

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Merrill Corporation Corporation Wingate Net cash provided by operating activities Average current liabilities Net income Capital expenditures Dividends paid 80,000 50,000 200,000 40,000 5,000 $100,000 100,000 200,000 70,000 10,000