Condensed profit and cash flow information follow for a recent year for three coffee companies, Tim Hortons Inc., The Second Cup Ltd., and Starbucks Corporation:

Instructions
(a) Compare the provision and use of cash in each of the three activities by each company.
(b) Based on the information provided above, which company appears to be in the strongest position? Explain the reasoning behind your decision.

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Tim Hortons in C$ millions $407.8 Second Cup (in C$ millions) $ (9.4) $5.1 Starbucks (in U.S. $ millions) $1,383.8 $1,750.3 Profit (loss) t cash provided by operating activities Net cash used by investing activities Net cash used by financing activities Net increase (decrease) in cash Cash, beginning of year Cash, end of year $559.3 (242.2) 3235) Ne (974.0) (735.8) 40.5 1,148.1 (5.4) (6.4) 126.5 $120.1 5.5 3.9