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Below are trends in operating cash flows for three companies. Year 1 Year 2 Year 3 Total Company 1 $ 200,000 $ 300,000 $ 100,000
Below are trends in operating cash flows for three companies. Year 1 Year 2 Year 3 Total Company 1 $ 200,000 $ 300,000 $ 100,000 $ 300,000 Company 2 300,000 300,000 300,000 300,000 Company 3 180,000 200,000 220,000 300,000 Based on an analysis of operating risk, which company's management is likely motivated to have the largest ratio of cash to noncash assets
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