In commercial lending, a major part of the ability of the company to pay back debt is from profitable operations. In a growing economy, this can be easier to do. Choose two industries and choose a company from each; one cyclical (real estate, automobiles, home builders, etc.) and one non-cyclical. Review the cash flow statements and identify what, in your view, are the key cash drivers for the company? What type of credit risk do you feel the company is exposed to, based on cash flow analysis? Assume a downturn in the economy, what effect would this have on your decision.