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What does this comparison say about the relative cash flow

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Question - Bits Ltd and Pieces Ltd Comparative Cash Flows Statements for the year ended 30 June 2010

Bits Ltd. Pieces Ltd

Cash Flows from Operating Activities $ 77,100 $ (81,600)

Cash Flows from Investing Activities (441,000) (150,750)

Cash Flows from Financing Activities 217,500 82,500

Net increase (decrease) in cash held (146,400) (149,850)

Cash at Beginning 183,900 185,000

Cash at End $37,500 $35,150

What does this comparison say about the relative cash flow performance of these entities?

Why are we concerned about Pieces?

Reference no: EM131839363

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