# The following data below relate to the statement of cash flows accounts of Amazon and Wal-Mart...

###### Question:

The following data below relate to the statement of cash flows accounts of Amazon and Wal-Mart Stores, Inc. (All amounts in millions)

 Amazon Wal-Mart Net cash provided by operating activities $3,903$24,255 Cash spent for capital assets $1,811$13,510 Cash dividends $0$5,048

Instructions

1. Based on the information contained in these data, compute free cash flow for each company.
2. What conclusions concerning the management of cash can be drawn from these data?

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