A Company in the Growth Phase of Its Product Life

Multiple Choice

A company in the growth phase of its product life cycle will normally have which of the following patterns of cash flows?

A) Negative cash flows from operations, negative cash flows from investing and positive cash flows from financing.
B) Negative or positive cash flows from operations, negative cash flows from investing and positive cash flows from financing.
C) Positive cash flows from operations, positive cash flows from investing and positive cash flows from financing.
D) Negative or positive cash flows from operations, negative cash flows from investing and negative cash flows from financing.