Financial data from three competitors in the same industry follow.

1. Which of the three competitors is in the strongest position as shown by its statement of cash flows?

2. Analyze and discuss the strength of Z-Best’s cash flow on total assets ratio to that of Lopez.

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Yew Insert Famat Jack Data Accounona window b 1004 Arial ($ in thousands) B Z-Best 10 BZU D Cash provided (used) by operating activities $ 80,000 Lopez $ 70,000 Ahmed $ (34,000) 5 6 Cash provided (used) by investing activities Proceeds from sale of operating assets 36,000 7 Purchase of operating assets (38,000) (35,000) 8 Cash provided (used) by financing activities 9 Proceeds from issuance of debt 33,000 10 Repayment of debt (7,000) 11 Net increase (decrease) in cash $ 35,000 35,000 $ 35,000 12 Average total assets $ 800,000 $ 650,000 $ 400,000 13 Sheetthold should