You are evaluating two companies as possible investments. The two companies which are similar in…

You are evaluating two companies as possible investments. The two companies, which are similar in size, are commuter airlines that fly passengers up and down the East Coast. All other available information has been analyzed, and your investment decision depends on the statements of cash flows. Requirement 1. Discuss the relative strengths and weaknesses of Chattanooga Flights, Inc., and Eastern Airlines. Conclude your discussion by recommending one of the companies stocks as an investment.

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