Information for two companies in the same industry, Larkspur Inc. and Wildhorse Co., is presented here....

Transcribed Image Text:

Information for two companies in the same industry, Larkspur Inc. and Wildhorse Co., is presented here. Larkspur Inc. Wildhorse Co. Net cash provided by operating activities $73,600 $100,600 Average current liabilities 52,700 96,200 Net income 183,300 183,300 Capital expenditures Dividends paid 37,920 69,610 5,010 9.920 Compute free cash flow for both companies and compare. (Show amounts that decrease cash flow with either a sign e.g -15,000 or in parenthesis es. (15,000).) Larkspur Inc. Wildhorse Co. Free cash flow $ $ Larkspur inc. Wildhorse Co. 's free cash flow is better. Information for two companies in the same industry, Larkspur Inc. and Wildhorse Co., is presented here. Larkspur Inc. Wildhorse Co. Net cash provided by operating activities $73,600 $100,600 Average current liabilities 52,700 96,200 Net income 183,300 183,300 Capital expenditures Dividends paid 37,920 69,610 5,010 9.920 Compute free cash flow for both companies and compare. (Show amounts that decrease cash flow with either a sign e.g -15,000 or in parenthesis es. (15,000).) Larkspur Inc. Wildhorse Co. Free cash flow $ $ Larkspur inc. Wildhorse Co. 's free cash flow is better.