Cash provided by operating activities Cash used by investing activities Cash provided (used) by financing activities Cash and cash equivalents, end of period Dividends paid Sal (2,068) (1,160) (1,867) 856 G 848 215 (848) (1,141) Instructions (a) Calculate the free cash flow for each company. (b) Which company appears to be in a stronger financial position? By comparing the companies' cash flows, can you tell which company is likely in TAKING IT FURTHER growth stage? Explain. Additional Problems: Set B 1. Accoun 2. Inventc You are provided with the following transactions that took place during a recent fiscal vear (a) Classification 3. Prepai sactions by cate impact on fit. (LO 1) AP P17-1B 4. ou 5. ccru (6) Cash 6. Inter 7. Inco Transaction 1. Paid telephone bill for the month. 2. Sold land for cash, at a gain. 3. Acquired land by issuing common shares. 4. Paid a cash dividend to preferred shareholders. 5. Performed services for cash. Instruc Assum using TAK 6. Performed services on account. is de 7. Purchased inventory for cash. 8. Purchased inventory on account. P17 foll 9. Paid income tax. 10. Made principal repayment on a trade note payable. 11. Paid semi-annual bond interest. 12. Received rent from a tenant in advance. 13. Recorded depreciation expense. 14. Reacquired common shares at a price greater than the average cost of the shares. 15. Issued preferred shares for cash. 16. Collected cash from customers on account. 17. Issued a note payable. 18. Paid insurance for the month. is reporting under IFRS, complete the above table for each of the following requirement, as an example. Instructions Assuming the assuming none of the transactions were previously accrued. The first one has been done for you company (a) Classify each transaction as an operating activity (O), an investing activity (I), a financing activity (F,ora noncash transaction (NC) on the cash flow statement. If there is choice in how a transaction is classhe, indicate the alternative classifications. Ipsb