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Two companies reported the following information.
| | Company A | | | Company B | | |
Profit (loss) | | $(4,850 | ) | | $97,000 | | |
Cash provided (used) by operating activities | | (9,700 | ) | | 48,500 | | |
Cash provided (used) by investing activities | | (67,900 | ) | | 29,100 | | |
Cash provided (used) by financing activities | | 116,400 | | | (97,000 | ) | |
Calculate free cash flow for each company. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).)
| | Free cash flow |
Company A | | $enter a dollar amount |
Company B | | $enter a dollar amount |
Which company is more likely to be in the early stages of its development?
select a company Company BCompany A |
Answer & Explanation
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