Exercise 12-10 Information for two companies in the same industry, Cheyenne Corp. and Novak Corp.,...
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Exercise 12-10 Information for two companies in the same industry, Cheyenne Corp. and Novak Corp., is presented here. Cheyenne Novalk Cara, Cara. Net cash provided by operating actives 82,010 $108,200 Average current liabilities Net income Capital expenditures Dividends paid 48,200 102,300 215,500 215,500 43,380 66,130 5,0909,600 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,o0o). Che Free cash flow 's free cash flow is better Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT
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