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The following represents summary cash flow information for three companies, each of which had long term debt at the beginning of the period. Use this

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The following represents summary cash flow information for three companies, each of which had long term debt at the beginning of the period. Use this information to answer the questions that follow. Gold Co. Black Co. ML Co. 65,000 (60,000) 60,000 40,000 Cash provided (used) by operating activities Cash provided (used) by investing activities: Cash from sale of assets Cash used in purchase of assets Cash provided (used) by financing activities: Proceeds from issuance of debt Repayment of debt Net change in cash for the period (30,000) (45,000) 35,000 (20,000) 15.000 15.000 15.000 a-Which company is in the strongest cash flow position and why. Address each section of the statement. b- Which company is in the weakest cash flow position and why (be specific)? c-When evaluating the Statement of Cash Flows, what section or item is the most important to consider

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