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Part I. Selected information (in U.S. $ millions) for Alphabet Inc. and Microsoft Corp. for their fiscal 2021 years follows: Alphabet Microsoft Net cash
Part I. Selected information (in U.S. $ millions) for Alphabet Inc. and Microsoft Corp. for their fiscal 2021 years follows: Alphabet Microsoft Net cash provided by operating activities $91,652 $76,740 Net capital expenditures 24,099 21,544 Dividends paid 16,521 Instructions a. Calculate the free cash flow for each company. Which company has the better free cash flow? think Microsoft paid dividends while Alphabet did not? b. Why do you
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