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Use the following information, taken from the 2018 statement of cash flows from each of the respective companies, to complete the requirements: $ Millions Net
Use the following information, taken from the 2018 statement of cash flows from each of the respective companies, to complete the requirements:
| $ Millions | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | |
| Arconic Inc | $ 642 | $ 217 | $ 565 | $ (649) | |
| Carmax Inc | $ 842 | $ 163 | $ (309) | $ 186 | |
| Flowserve Corp | $ 120 | $ 191 | $ (81) | $ (173) | |
| Fluor Corp | $ 225 | $ 162 | $ 1 | $ (140) | |
| Required (1) | |||||
| Identify each companys life-cycle stage (introduction, growth, maturity, or decline). | |||||
| Company | Life Cycle Stage (O/I/F) | ||||
| Arconic Inc | |||||
| Carmax Inc | |||||
| Flowserve Corp | |||||
| Fluor Corp | |||||
| Required (2) | |||||
| Rank-order each company from least to most mature. | |||||
| Company | Life Cycle Rank (4 is Most Mature) | ||||
| Arconic Inc | |||||
| Carmax Inc | |||||
| Flowserve Corp | |||||
| Fluor Corp | |||||
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Financial Accounting A Critical Approach
Authors: John Friedlan
4th edition
1259066525, 978-1259066528
