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Examine the above information and explain which company you would invest. (6) Extracts of the statement of cash flows for three companies in the same
Examine the above information and explain which company you would invest.
(6) Extracts of the statement of cash flows for three companies in the same industry follows. Cash flows from operating activities Company A Company B Company C $50,000 $100,000 $200,000 Cash flows from investing activities Proceeds from sale of plant assets Purchase of plant assets 300,000 (100,000) 200,000 (100,000) 20,000 (100,000) Cash flows from financing activities Proceeds from share issuance Repayment of debt 50,000 (20,000) 100,000 (20,000) 180,000 (20,000) Examine the above information and explain which company you would invest. (13 marks)Step by Step Solution
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