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Consider three independent cases for the cash flows of Winter Merchandising Corporation. (Click the icon to view the statement of cash flows.) Requirement 1. For

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Consider three independent cases for the cash flows of Winter Merchandising Corporation. (Click the icon to view the statement of cash flows.) Requirement 1. For each case, identity from the statement of cash flows how the company generated the cash to acquire new plant assets. Rank the three cases from the most healthy financially to the least healthy Case A: generated the cash for the acquisition of plant assets Data table Case A Case B Case C Cash flows from operating activities: Net income $ 25,000 $ 11,000 (27,000) (12,000) (3,000) 25,000 $ 11,000 (2,000) (5,000) 29,000 25,000 11,000 (14,000) (1,000) 21,000 Depreciation and amortization Increase in current assets other than cash Decrease in current liabilities Total cash flows from operating activities Cash flows from investing activities: Acquisition of plant assets Sales of plant assets Total cash flows from investing activities Cash flows from financing activities: Issuance of stock Payment of debt Total cash flows from financing activities (102,000) 11,000 (91,000) (102,000) 46,000 (56,000) (102,000) 111,000 9,000 119,000 (27,000) 92,000 (2,000) $ 76,000 (47,000) 29,000 2,000 $ 18,000 (28,000) (10,000) 20,000 $ Net increase (decrease) in cash Case A: generated the cash for Borrowing on a note payable Issuing stock Issuing stock and the sale of plant assets Operations Sale of plant assets

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