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MyBiz Inc. has been your business for the past several years. You have put together your cash flow statements for the past 3 years to get a better idea of how your business is managing cash flow. Year ending December 31 Cash flow from operations Cash flow from investing Cash flow from financing Net change in cash Cash, beginning of year Cash, end of year Profit for the year 2021 -56,000| 20,000 -10,000 -46,000 197,000 151,000 (55,000) 2020 -30,000| 15,000 20,000 5,000| 192,000 197,000 (25,000) 2019 40,000 -5,000 25,000 60,000 132,000 192,000 35,000 The next five questions relate to the cash flow statements below. The rest of the questions in this section of the exam are independent.

MyBiz Inc. has been your business for the past several years. You have put together your cash flow statements for the past 3 years to get a better idea of how your business is managing cash flow. Year ending December 31 Cash flow from operations Cash flow from investing Cash flow from financing Net change in cash Cash, beginning of year Cash, end of year Profit for the year 2021 -56,000| 20,000 -10,000 -46,000 197,000 151,000 (55,000) 2020 -30,000| 15,000 20,000 5,000| 192,000 197,000 (25,000) 2019 40,000 -5,000 25,000 60,000 132,000 192,000 35,000 The next five questions relate to the cash flow statements below. The rest of the questions in this section of the exam are independent.

Fundamentals of Financial Management, Concise Edition (MindTap Course List)
Fundamentals of Financial Management, Concise Edition (MindTap Course List)
9th Edition
ISBN:9781305635937
Author:Eugene F. Brigham, Joel F. Houston
Publisher:Eugene F. Brigham, Joel F. Houston
Chapter3: Financial Statements, Cash Flow, And Taxes
Section: Chapter Questions
Problem 3DQ
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Answer both subparts

59 and 60

 

Question 59- stae Which life-cycle stage was the business most likely in, back in 2019? a) start-up b) maturity c) decline d) growth e) either growth or maturity Question 60 ge ssice is Which life-cycle stage is the business most likely in by 2021? a) maturity b) either maturity or decline c) start-up d) decline e) growth
Transcribed Image Text:Question 59- stae Which life-cycle stage was the business most likely in, back in 2019? a) start-up b) maturity c) decline d) growth e) either growth or maturity Question 60 ge ssice is Which life-cycle stage is the business most likely in by 2021? a) maturity b) either maturity or decline c) start-up d) decline e) growth
MyBiz Inc. has been your business for the past several years. You have put together your cash flow statements for the past 3 years to get a better idea of how your business is managing cash flow. Year ending December 31 Cash flow from operations Cash flow from investing Cash flow from financing Net change in cash Cash, beginning of year Cash, end of year Profit for the year 2021 -56,000 20,000 -10,000 -46,000 197,000 151,000| (55,000) 2020 -30,000 15,000 20,000 5,000 192,000 197,000 (25,000) 2019 40,000 -5,000 25,000 60,000 132,000 192,000 35,000 The next five questions relate to the cash flow statements below. The rest of the questions in this section of the exam are independent.
Transcribed Image Text:MyBiz Inc. has been your business for the past several years. You have put together your cash flow statements for the past 3 years to get a better idea of how your business is managing cash flow. Year ending December 31 Cash flow from operations Cash flow from investing Cash flow from financing Net change in cash Cash, beginning of year Cash, end of year Profit for the year 2021 -56,000 20,000 -10,000 -46,000 197,000 151,000| (55,000) 2020 -30,000 15,000 20,000 5,000 192,000 197,000 (25,000) 2019 40,000 -5,000 25,000 60,000 132,000 192,000 35,000 The next five questions relate to the cash flow statements below. The rest of the questions in this section of the exam are independent.
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