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.

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.

Quizplus · Accepted Answer

The Answer of 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.

The Information in the Following Table Is from the Statement