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You just reviewed the cash flow statement for a company for the past several years and you made the following very general observations about its

You just reviewed the cash flow statement for a company for the past several years and you made the following very general observations about its cash flows from operating activities (CFO), investing activities (CFI), and financing activities (CFF): The company has weak and shrinking CFO; it has a positive CFI that has become more significant recently; and its CFF is negative. Based only on this limited cash flow statement information that you assembled, what general conclusions can you draw about this company's financial position, dividend policy, investment opportunities, growth and life cycle stage (start-up, expansion, growth, mature, decline)?

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