Oraring the introductory phase of a com-

pany's life cycle, one would normally expect to see:

(a) negative cash from operations, negative cash from investing, and positive cash from financing

(b) negative cash from operations, positive cash from investing, and positive cash from financing.

(c) positive cash from operations, negative cash from investing, and negative cash from financing.

(d) positive cash from operations, negative cash from investing, and positive cash from financing Use the direct method to solve Questions 16 and 17.