The Anthonys have met with representatives of Soft ware Solutions Inc., a public company, and Compuhelp Limited, a private company. Both companies have offered to purchase some or all of the shares of ABC Ltd. The financial statements, including the statement of cash flows, for ABC have been prepared for analysis and the Anthonys are meeting to discuss the results of these financial statements with representatives of both of these companies. These meetings will enable Doug and Bev to decide upon the best alternative as they move forward with their decision to sell their shares. Emily and Daniel have been offered employment at each of these organizations and want to ensure these companies can continue to operate.
Selected information for ABC, Soft ware Solutions, and Compuhelp for 2019 follow:

Instructions
(a) Calculate the free cash flow for each company.
(b) Compare the cash provided and used in each of the three activities by each company.
(c) Based on the information provided in parts (a) and (b), identify why Soft ware Solutions and Compuhelp are likely pursuing an investment in ABC.
(d) Based on the information provided in parts (a) and (b), identify some of the issues the Anthonys should consider before deciding whether to sell their shares and/or to be employed by one of these companies.

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ABC Ltd Software Solutions Compu-help Inc. Limited Net income $2,628,0o0 $6,821,0o0 (3,397,00o) (1,762,000) $ 89,900 $ 159,400 (144,800) (89,000) 199,629 Net cash provided by operating activities 225,279 (57,071) Net cash used by investing activities Net cash used by financing (157,833) activities Net increase (decrease) in cash Cash, beginning of year Cash, end of year Net capital expenditures Dividends declared and paid 10,375 9,068 $19,443 $54,000 80,000 1,662,00o 2,252,00o $3,914,oo0 $3,414,oo0 580,000 (74,400) 97,600 $23,200 $144,80o