Question: Firm A and Firm B have the following cash flows: Cash flowsfrom:(in000's) Firm A Firm B Operating Activities $50,000 $(50,000) Investing Activities (40,000) 10,000 Financing

Firm A and Firm B have the following cash flows:

Cash flowsfrom:(in000's)

Firm A

Firm B

Operating Activities

$50,000

$(50,000)

Investing Activities

(40,000)

10,000

Financing Activities

90,000

50,000

Net increase in cash

$100,000

$10,000

Which firm appears to be purchasing long-term assets?

Group of answer choices

Firm B

Neither firm

Firm A

Both firms

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