McCullow Investment Group
One of the Firm's Financial Analysts Is

McCullow Investment Group
One of the firm's financial analysts is assessing the performance of three particular companies whose cash flow statements for the last three years are presented below:
$\begin{array}{l}\begin{array}{lll} \text { All amounts are in millions of dollars }\\\\ \text { Comipany A }\\ \text { Net cash provided by operating activities }\\ \text { Net cash used by investing activities }\\ \text {Net cash provided by (used by) financing activities }\\\\ \text { Coingatiy B }\\ \text { Net cash provided by operating activities }\\ \text { Net cash used by investing activities }\\ \text { Net cash provided by (used by) financing activities }\\\\ \text { Conimany C }\\ \text { Net cash provided by operating activities }\\ \text { Net cash used by investing activities }\\ \text { Net cash provided by (used by) financing activities }\\\\\end{array}\begin{array}{lll}\underline { 2014} \\\\\underline{\$ 5,000}\\\underline{(\$ 13,000)} \\\underline{\$ 8,000} \\\\\\\underline{\$ 2,000}\\\underline{(\$ 2,200)} \\\underline { \$ 400} \\\\\\\underline { \$ 290} \\\underline { (\$ 500)}\\\underline { \$ 250} \\\end{array}\begin{array}{lll}\underline { 2013} \\\\\underline{\$ 4,000}\\\underline{(\$ 2,300)} \\\underline{\$ 300} \\\\\\\underline{\$ 1,500}\\\underline{(\$ 1,400)} \\\underline { \$ 30} \\\\\\\underline { \$ 210} \\\underline { \$ 200)}\\\underline { \$ 100} \\\end{array}\begin{array}{lll}\underline { 2012} \\\\\underline{\$ 2,800}\\\underline{(\$ 2,900)} \\\underline{\$ 100} \\\\\\\underline{\$ 1,000}\\\underline{(\$ 700)} \\\underline { \$ 100} \\\\\\\underline { \$ 130} \\\underline { \$ 100)}\\\underline { \$ 5} \\\end{array}\end{array}$
-Refer to McCullow Investment Group.What is meant by the term "cash flow adequacy"? What other financial information would be necessary in order to make a determination of the cash flow adequacy for these three companies?