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Consider the following data for three different companies:

		($000 Omitted)
	Owens	Arrow	Alpha
Net cash provided (used) by: Operating activities	$(2,000)	$2,700	$(3,000)
Investing activities	(6,000)	(600)	(400)
Financing activities	9,000	(400)	(2,600)
Net increase (decrease) in cash	$ 1,000	$1,700	$(6,000)

The patterns of cash flows for these firms differ. One firm is a growth firm that is expanding rapidly, another firm is in danger of bankruptcy, while another firm is an older firm that is expanding slowly.

Required:

Select the growth firm, the firm in danger of bankruptcy, and the firm that is the older firm expanding slowly. Explain your selection.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91719875

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