Sheik, Speer, and Love are three companies in similar industries. Five years of summarized cash flow data are available for each firm. Year 5 is the most recent.

Study the information carefully. What clues can you find in the information concerning what is (or has been) going on with each firm? Do their business histories appear similar or dissimilar? Does the situation of one or more firms appear more favorable than one or more of the others?

Required
For each firm, describe and discuss what you have learned from reviewing its summarized cash flowinformation.

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Year 5 Year 4 Year 2 Year 1 Operating activities Investing activities Financing activities $30 5 4 (28) Speer Company: Operating activities Investing activities Financing activities (1 Love Company: Operating activities Investing activities Financing activities 2 (12)