Required
Which of the three competing corporations is in the strongest relative position as indicated by their comparative statements of cashflows?

Transcribed Image Text:

(in thousands) Frasor SpereTavis Cash inflow (outflow) from operating activities Cash inflow (outflow) from investing activities: Proceeds from sale of plant and equipment.. 6 4,000 56,000 S (27,200) 28,800 (30,400 (28,000) Cash inflow (outflow) from financing activities Proceeds from issuance of d Repayment of debt Net increase (decrease) in cash.... 26,400 (5,600) 28,000 28,000 28,000 640,000 520,000 320,000