The Information in the Following Table Is from the Statement

question 131

Multiple Choice

The information in the following table is from the statement of cash flows for a company at four different points in time (Period 1, Period 2, Period 3, and Period 4) . Negative values are presented in parentheses. $\begin{array}{|l|r|c|c|c|}\hline & \text { Period 1 } & \text { Period 2 } & \text { Period 3 } & \text { Period 4 } \\\hline \text { Cash provided by operations } & \$(180,000) & \$ 90,000 & \$ 360,000 & \$ 50,000 \\\hline \text { Cash provided by investing } & (300,000) & 75,000 & 90,000 & (120,000) \\\hline \text { Cash provided by financing } & 290,000 & (220,000) & (\$ 170,000) & \$ 420,000 \\\hline \text { Net income } & (120,000) & 30,000 & 300,000 & (15,000) \\\hline\end{array}$ Based on this information, which of the following answers most likely corresponds with the introductory phase, growth phase, maturity phase, or decline phase?

• A)Period 2, Period 1, Period 3, Period 4.
• B)Period 1, Period 4, Period 3, Period 2.
• C)Period 3, Period 4, Period 1, Period 2.
• D)Period 4, Period 3, Period 2, Period 1.

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Definitions:

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