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Dromeda Ltd. has prepared the following comparison (in thousands): The same information has been collected for Panel Corp: Required: 1. Which of the companies above

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Dromeda Ltd. has prepared the following comparison (in thousands): The same information has been collected for Panel Corp: Required: 1. Which of the companies above illustrates higher quality of eamings? 2. Select the factors that would make cash flows from operating activities different from net earnings. (Vou may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer.) Non-cash expenses Gains or losses on sale of assets or debt retirement Non-cash working capital accounts Required: 1. Which of the companies above illustrates higher quality of earnings? 2. Select the factors that would make cash flows from operating activities different from net earnings. (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer.) Non-cash expenses Gains or losses on sale of assets or debt retirement Non-cash working capital accounts Reclassification from operating activities to other sections Issuance and repayment of bonds Transfers to reserves

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