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You are given the following cash flows for Company A and Company B. Based solely on cash flow statements, which company is performing better? Give
You are given the following cash flows for Company A and Company B. Based solely on cash flow statements, which company is performing better? Give your reasons. Company A Company B Net Cash Provided by Operating Activities $70,000 $30,000 Cash Provided by (Used for) Investing Activities $190,000) $20,000 Purchase of Plant Assets $(100,000) $(20,000) Sale of Plant Assets $10,000 $40,000 Cash Provided by (Used for) Financing Activities Issuance of Common Stock $30,000 0 Payment of long-term debt 0 $(40,000) Net Increase (Decrease) in Cash $10,000 $10,000
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