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QUESTION 24 The information in the following table is from the statement of cash flows for a company at four different points in time (Period

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QUESTION 24 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 Period 1 Period 2 Period 3 Period 4 Cash provided (used) by Operating $ (180,000) $360,000 $ 90,000 $ 50,000 activities (300,000) (90,000) 75,000 (120,000) Cash provided (used) by Investing activities Cash provided (used) by Financing activities 410,000 (170,000) (220,000) 420,000 Net Income (120,000) 300,000 30,000 5,000 Based on this information, which of the following answers most likely corresponds with the startup/intro phase, growth phase, maturity phase, or decline phase? Period 3 Period 4. Period 1. Period 2 b. Period 1. Period 4. Period 2, Period 3 Period 1, Period 3, Period 2, Period 4 d. Period 1. Period 2. Period 3. Period 4

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