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Information for two companies in the same industry, Splish Brothers Inc. and Blossom Company, is presented here. Splish Brothers Inc. Blossom Company Net cash provided
Information for two companies in the same industry, Splish Brothers Inc. and Blossom Company, is presented here.
Splish Brothers Inc. | Blossom Company | |||
---|---|---|---|---|
Net cash provided by operating activities | $ 90,000 | $109,000 | ||
Average current liabilities | 59,000 | 109,000 | ||
Net income | 210,000 | 209,000 | ||
Capital expenditures | 49,000 | 79,000 | ||
Dividends paid | 6,100 | 10,900 |
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).)
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