ThisIsMyBiz Inc. has been your business for the past several years. You have put together your cash flow statements for the past 3 years to get a better idea of how your business is managing cash flow. REQUIRED The questions that follow relate to the cash flow statements above. Which section of the cash flow statement is considered the most important? Why? A. All the sections are considered equally important. B. the change in cash, because it shows the year-over-year difference C. financing, because it shows how much the company has borrowed D. Investing, because it shows how much the company has spent on long-lived assets E. operating, because it is the only sustainable source of cash Which life-cycle stage was the business most likely in, back in 2019? A. start-up B. growth C. maturity D. either growth or maturity E. decline Cash flow from investing activities has gone from negative to positive over the years. Which of the following transactions can cause investing cash flow to increase? A. borrowing from the bank B. disposing of long-lived assets C. receiving contributions from owners D. lower depreciation expense E. lower dividends Cash flow from financing activities has gone from positive to negative over the years. Which of the following transactions can cause financing cash flow to decrease? A. purchase of long-lived assets B. paying down a bank loan C. disposal of long-lived assets D. increased depreciation expense E. a higher income tax rate