Companies that are in their first year of operation often generates little revenues from ordinary activities even if they invest a lot in their infrastructure and their working capital, mainly in the inventory. As a result, what would be the portrait of the cash flows of a company that is in its first year of operation? a) Cash flows for activities from operating activities: NEGATIVE Cash flows for activities from investing activities: NEGATIVE Cash flows for activities from financing activities: POSITIVE b) Cash flows for activities from operating activities: NEGATIVE Cash flows for activities from investing activities: POSITIVE Cash flows for activities from financing activities: POSITIVE X c) Cash flows for activities from operating activities: POSITIVE Cash flows for activities from investing activities: NEGATIVE Cash flows for activities from financing activities: NEGATIVE d) Cash flows for activities from operating activities: POSITIVE Cash flows for activities from investing activities: NEGATIVE Cash flows for activities from financing activities: POSITIVE