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Current Attempt in Progress Information for two companies in the same industry, Pina Colada Corp. and Blossom Company, is presented here. Net cash provided by
Current Attempt in Progress Information for two companies in the same industry, Pina Colada Corp. and Blossom Company, is presented here. Net cash provided by operating activities Average current liabilities Net income Capital expenditures Dividends paid Pina Colada Corp. $ 87,160 54.600 183,800 41,590 5,280 Blossom Company $108,900 104,000 183.800 69,130 10,000 Compute free cash flow for both companies and compare. (Show a negative free cash flow with either a-sign e.g.-15,000 or in parenthesis e.g. (15,000).) Pina Colada Corp. Blossom Company Free cash flow $ $ $ 's free cash flow is better
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