Armor Biloxi Caliope

Cash flows provided (used by) operation activities $3000 $5000 $75000

Cash flows provided (used by) operation activities investigating

activities

Proceed from sale of plant assets $29000 $20000

Purchase of plant assets $40000

Cash flows provided (used by) financing activities

Proceeds from insurance of debt $10000

Repayment of debt $6000 $5000 $15000

Net increase in cash $20000 $20000 $20000

The company(s) most capable of generating future cash flows is (are) _____.

Armor

Biloxi

Calliope

Armor and Biloxi