3. Antwer the following questions about the impact of product life cycle on cash flows. a) la company has high cash INFLOWS from FINANCING activities, the company is probably in one of which two phases? cl Cash INFLOWS from INVESTING activities indicates that the company is buying or selling their long-term assets such as Property. Plant & Equipment. b) la company has high OPERATING cash INFLOWS, is no longer making OUTFLOWS IN INVESTING areas and net income is high. Which phase is it probably in