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urgent!!!! PLWASE HELP WILL THUMBS UP!!! MyBiz Inc. has been your business for the past several years. You have put together your cash flow statements
urgent!!!! PLWASE HELP WILL THUMBS UP!!!
MyBiz 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. Year ending December 31 2021 2020 2019 Cash flow from operations -56,000 -30,000 40,000 Cash flow from investing 20,000 15,000 -5,000 Cash flow from financing - 10,000 20,000 25,000 Net change in cash -46,000 5,000 60,000 Cash, beginning of year 197,000 192,000 132,000 Cash, end of year 151,000 197,000 192,000 Profit for the year (55,000) (25,000) 35,000 The next five questions relate to the cash flow statements below. The rest of the questions in this section of the exam are independent. Question 59 (1 point) Which life-cycle stage was the business most likely in, back in 2019? a) start-up b) maturity c) decline d) growth e) either growth or maturity Question 60 (1 point) Which life-cycle stage is the business most likely in by 2021? a) maturity b) either maturity or decline c) start-up d) decline e) growthStep by Step Solution
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