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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
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 eg.-15,000 or in parenthesis eg. (15,000).) Splish Brothers Inc. Blossom Company Free cash flow $ $ 's free cash flow is better.
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