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Compare free cash flow of twoE12-10 Information for two companies in the same Pte ree cash flow for both companies and comp companies (LO 3),
Compare free cash flow of twoE12-10 Information for two companies in the same Pte ree cash flow for both companies and comp companies (LO 3), AN Wingate Corporation, is presented here. ustry, Merrill Corporation and e sa me ind Net cash provided by operating activities Average current liabilities Net income Capital expenditures Dividends paid Merrill Corporation 80,000 50,000 200,000 40,000 5,000 Wingate Corporation $100,000 100,000 200,000 70,000 10,000 Instructions Compute free cash flow for both companies and compare
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