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Information for two companies in the same industry, Sheffield Corporation and Oriole Corporation, is presented here. Sheffield Corporation Oriole Corporation Net cash provided by operating
Information for two companies in the same industry, Sheffield Corporation and Oriole Corporation, is presented here. Sheffield Corporation Oriole Corporation Net cash provided by operating activities $83,000 $102,000 Average current liabilities 52,000 102,000 Net income 203,000 202,000 Capital expenditures 42,000 72,000 Dividends paid 5,400 10,200 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).) Free cash flow $ Sheffield Corporation 's free cash flow is better. Oriole Corporation $
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