Question: Exercise 12-10 Your answer is partially correct. Try again. Information for two companies in the same industry, Buffalo Industries and Skysong Inc., is presented here.
Exercise 12-10 Your answer is partially correct. Try again. Information for two companies in the same industry, Buffalo Industries and Skysong Inc., is presented here. Buffalo Industries Skysong Inc. Net cash provided by operating activities Average current liabilities Net income Capital expenditures Dividends paid 73,860 $103,500 106,500 199,300 199,300 38,770 75,540 9,500 54,700 5,490 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. (15,000).,) Buffalo Industries Skysong Inc. Free cash flow
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