The Information in the Following Table Is from the Statement

question 172

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. $$\begin{array} { | l | r | r | r | r | } \hline & \text { Period 1 } & \text { Period 2 } & \text { Period 3 } & \text { Period 4 } \\\hline \text { Cash provided by operations } & \$ & \$ 90,000 & \$ 360,000 & \$ 50,000 \\& ( 180,000 ) & & & \\\hline \text { Cash provided by investing } & ( 300,000 ) & 75,000 & 90,000 & ( 120,000 ) \\\hline \text { Cash provided by financing } & 290,000 & ( 220,000 ) & ( \$ 170,000 ) & \$ 420,000 \\\hline \text { Net income } & ( 120,000 ) & 30,000 & 300,000 & ( 15,000 ) \\\hline\end{array}$$ 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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