Question: Selected information (in US$ millions) for two close competitors, ewan Inc. and Agrium Inc., follows for the year ended December 31, 2014: Instructions (a) Calculate

Selected information (in US$ millions) for two close competitors, ewan Inc. and Agrium Inc., follows for the year ended December 31, 2014:
Selected information (in US$ millions) for two close competitors, ewan

Instructions
(a) Calculate the free cash flow for each company.
(b) Which company appears to be in a stronger financial position?
TAKING IT FURTHER
By comparing the companies' cash flows, can you growth stage? Explain.

Profit Cash provided by operating activities Cash used by investing activities Cash provided (used) by financing activities Cash and cash equivalents, end of period Dividends paid Potash $1,536 2,614 (1,160) (1,867) 215 (1,141) Agrium $ 720 1,312 (2,068) 856 848 (848)

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