Based on the Cash Flow Data in the Table for Interceptors

Multiple Choice

Based on the cash flow data in the table for Interceptors Inc.,which of the following statements is/are correct?
I.This firm appears to be a good investment because of its steady growth in cash.
II.This firm has only been able to generate growing cash flows by borrowing or selling equity to offset declining operating cash flows.
III.Financing activities have been increasingly important for this firm's operations,at least in the short run.

A) I only
B) II and III only
C) II only
D) I and II only