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Hi there, I would appreciate some help on this question. 4. The following information is taken from the financial statements for two competing companies in

Hi there, I would appreciate some help on this question.
4. The following information is taken from the financial statements for two competing companies in the same industry: Northern RV Sales Inc. Leisure Products Ltd. Profit $3,000,000 $3, 100,000 Cash provided (used) by operating 1,220,000 (860,000) activities Cash provided (used) by investing (500,000) (750,000) activities Cash provided (used) by financing (150,000) 800,000 activitiesInstructions Calculate the free cash flow for each company. Explain the significance of this figure in evaluating the relative financial strength of the two companies

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