Which company shown below is likely a start-up company rather than an established company? Give reasons for your answer.
Company X Company Y
Cash inflow (outflow)-operating activities............$ (10,000) ................$50,000
Cash inflow (outflow)-investing activities............ (100,000) ..................30,000
Cash inflow (outflow)-financing activities................80,000.................(20,000)
Income (loss) for the year......................................20,000..................20,000