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Question - Information for two companies in the same industry, Windsor Corporation and Wildhorse Corporation, is presented here.
Windsor Corporation
Wildhorse Corporation
Cash provided by operating activities
$149,000
Net earnings
200,000
Capital expenditures
75,000
100,000
Dividends paid
8,000
23,000
Required - Compute the free cash flow for each company.
If total liabilities decreased by $60,000 and owner's equity increased by $30,000 during a period of time, then total assets must change by what amount and direction during that same period?
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