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Information for two companies in the same industry, Waterway Industries and Wildhorse Co., is presented here. Waterway Industries Wildhorse Co. Net cash provided by operating
Information for two companies in the same industry, Waterway Industries and Wildhorse Co., is presented here. Waterway Industries Wildhorse Co. Net cash provided by operating activities $ 85,000 $104,000 Average current liabilities 54,000 104,000 Net income 205,000 204,000 Capital expenditures 44,000 74,000 Dividends paid 5,600 10,400 Compute free cash flow for both companies and compare. (Show a negative free cash flow with either a-signe.g.-15,000 or in parenthesis e.g. (15,000).) Waterway Industries Wildhorse Co. Free cash flow $ 's free cash flow is better
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