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Combined data for three years for two firms follow (in millions). Firm 1 Firm 2 Cash flow from operations $ 2,639 $ 2,759 Cash flow
Combined data for three years for two firms follow (in millions).
Firm 1 | Firm 2 | |
Cash flow from operations | $ 2,639 | $ 2,759 |
Cash flow from investing | (3,491) | (1,281) |
Cash flow from financing | 1,657 | (1,654) |
One of these firms is Etsy, an online retailer with a three-year growth in sales of 337.3%, and the other is TJX Companies, lnc., a specialty retail store with a three-year growth in sales of 39.3%. Firm ___ is TJX Companies. It has less investment in noncurrent assets than the other firm, typical of a _______________ firm.
A. 1; faster growing
B. 1; slower growing
C. 2; faster growing
D. 2; slower growing
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