Directions: Presented below is cash flow information for two competitors-The Longo Corporation and The Davis Corporation (amounts in thousands). Indicate the life cycle stage of Longo, Davis and Caleigh as a start-up, declining or mature. Be sure to spell the words correctly and include the hypen in start-up. CompanyLongoDavisCaleigh Operating Cash Flow (1,320) (3,620) 14,512Investing Cash Flow (693) 1,502 (2,980)Financing Cash Flow 415 1,809 (11,233) a. What is the life cycle stage for Longo?? b. What is the life cycle stage for Davis?? c. What is the life cycle stage for Caleigh??

Every business goes through three main phases – start up, mature, declinimg. Starup is the first…

Answered: Financing Cash Flow…

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter16: Statement Of Cash Flows

Section: Chapter Questions

Problem 14MC: If beginning cash equaled $10,000 and ending cash equals $19,000, which is true? A. Operating cash...

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Directions: Presented below is cash flow information for two competitors-The Longo Corporation and The Davis Corporation (amounts in thousands). Indicate the life cycle stage of Longo, Davis and Caleigh as a start-up, declining or mature. Be sure to spell the words correctly and include the hypen in start-up.

Company	Longo	Davis	Caleigh

Operating Cash Flow	(1,320)	(3,620)	14,512
Investing Cash Flow	(693)	1,502	(2,980)
Financing Cash Flow	415	1,809	(11,233)

a. What is the life cycle stage for Longo?	?
b. What is the life cycle stage for Davis?	?
c. What is the life cycle stage for Caleigh?	?

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