Chapter 13 Mini Case When math is required, to receive full credit-SHOW YOUR MATH, otherwise you will not receive credit (even if the answer is correct). You must submit your answer on a word document or spreadsheet. Hand written responses are not acceptable and will not receive credit. Submit on Blackboard, if submitted via email or another source you will not receive credit. If submitted late (after the due date and time) you will not receive credit. Thompson Technology, Inc. and Beaudoin Catering Corporation are asking you to recommend their stock to your clients. Because Thompson and Beaudoin earn about the same net income and have similar financial positions, your decision depends on their statements of cash flows, which are summarized as follows: Net cash provided from operating activities Cash provided by (used for) Investing activities Purchase of plant assets Sale of plant assets Cash provided for (used for) financing activities THOMPSON $30,000 BEAUDOIN $70,000 ($20,000) ($100,000) 40,000 20,000 10,000 (90,000) Issuance of common stock Paying off long-term debt Net Increase in cash (40,000) $10,000 1. Based on their cash flows, which company looks better? Give your reasons. 30,000 $10,000