(a) Why is cash from operations likely to be lower than reported net income during the growth...

Question:

(a) Why is cash from operations likely to be lower than reported net income during the growth phase?
(b) Why is cash from investing often positive during the late phase and during the decline phase?

Maturity
Maturity is the date on which the life of a transaction or financial instrument ends, after which it must either be renewed, or it will cease to exist. The term is commonly used for deposits, foreign exchange spot, and forward transactions, interest...