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Question
the information in the following table is from the statement of cash flows for a company at four different points in time (period 1, period 2, period 3, and period 4). negative values are presented in parentheses.
based on this information, which of the following answers most likely corresponds with the introductory phase, growth phase, maturity phase, or decline phase?
a.period 2, period 1, period 3, period 4
b.period 1, period 4, period 3, period 2
c.period 3, period 4, period 1, period 2
d.period 4, period 3, period 2, period 1
Answer
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