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Question 15 Profesional company has reported Free Cash flow to Equity of $235.000. Its competitor Elite Company has reported net income of $180,000, net cash

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Question 15 Profesional company has reported Free Cash flow to Equity of $235.000. Its competitor Elite Company has reported net income of $180,000, net cash provided by perang ate of $200,000 interest expense of $2.500, net borrowings of $25,000 and net cash flow used by investing activities of 15.000 and income tax rate of 25. The correct statement is Mason Company has more cash valable for distribution to owners compared to Elite Company None of the choices tre Company has more cash valable for distribution to owners compared to Professionals Company both Professionals and the Company have the same amount of available cash

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