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Cash flow [3 marks] The cash flow statement category totals for 2021 are given below for two different companies, Tick Co. and Tock Co. Tick
Cash flow [3 marks] The cash flow statement category totals for 2021 are given below for two different companies, Tick Co. and Tock Co. Tick Co. Cash from operating activities $ 1,500,000 Cash used in investing activities ($2,600,000) Cash from financing activities 1,200,000 Increase in cash $ 100,000 ho Tock Co. Cash from operating activities Cash from investing activities Cash used in financing activities Increase in cash $ (750,000) 1,500,000 (250,000) 500,000 REQUIRED Tock Co.'s cash increased in 2021 compared to Tic Co. Does this mean that Tock Co. had a better year than Tick Co.? E- Qo A - I III 2 B
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