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Which stage of the industry life cycle is most consistent with a firm having the following characteristics? Year 2017 2018 2019 Revenue Growth 12% 20%
Which stage of the industry life cycle is most consistent with a firm having the following characteristics?
Year | 2017 | 2018 | 2019 |
Revenue Growth | 12% | 20% | 45% |
Cash flow from investment activities (see note below) | ($2 mil) | ($5 mil) | ($15 mil) |
Dividends per share | $0 | $0 | $0 |
Note regarding Cash flow from investment activities in table above: +/- = cash inflow/outflow. Assume only capital investment in this section]
Question 4 options:
| Growth |
| Mature |
| Decline |
| Shakeout |
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