You are evaluating two companies as possible investments. The two companies, similar in size, are in the commuter airline business. They fly passengers from Minneapolis and Milwaukee to smaller cities in their area. Assume that all other available information has been analyzed and that the decision on which company's stock to purchase depends on the information given in their statements of cash flows, which appear on page 828 .

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Discuss the relative strengths and weaknesses of Norwegian and Wisconsin. Conclude your discussion by recommending one of the company's stocks as an investment.