Condensed net income and cash flow information follows for three companies operating in the same industry: Company A Company B Company C Net income $81,000 $29,000 $(58,000) Net cash provided (used) by operating activities Net cash provided (used) by investing activities Net cash provided (used) by financing activities Net increase in cash 110,000 (29.006) (29,000) (54,000) (29,000 ) 40,600 (27,000) 87,000 17,400 29,000 29,000 29,000 X Your answer is incorrect. Which company is most likely to have sufficient cash flows to pay down debt or pay dividends? Sufficient cash flows to pay down debt or pay out dividends Company B eTextbook and Media