$.$ Is

Upper G minus TechG$$Tech

generating positive cash flow from its$$ operations?$($Select the best$$ choice.$)$

A$.$

Upper G minus TechG$$Tech

has generated positive cash flow from its operations during the years

$20202020,$

$20222022,$

and

$20232023.$

B$.$

Upper G minus TechG$$Tech

has generated positive cash flow from its operations during the years

$20212021,$

$20222022,$

and

$20232023.$

C$.$

Upper G minus TechG$$Tech

has generated positive cash flow from its operations during the years

$20202020,$

$20212021,$

and

$20232023.$

D$.$

Upper G minus TechG$$Tech

has generated positive cash flow from its operations during the years

$20202020,$

$20212021,$

$20222022,$

and

$20232023.$

Part $2$

b$.$ How much did

Upper G minus TechG$$Tech

invest in new capital expenditures over the$$ period? $($Type your answer in millions of dollars. Round to the nearest whole$$ number.$)$

The amount that

Upper G minus TechG$$Tech

invested in new capital expenditures over the period is

$$$$2525$

million.

Part $3$

c$.$ Describe

Upper G minus TechG$$Tech$\text{'}$s

sources of financing in the financial markets over the$$ period? $($Select the best$$ choice.$)$

A$.$

Upper G minus TechG$$Tech$\text{'}$s

main source of financing in the financial markets over the period was the issuance of debt for the amount of

$$$$1$ comma $5381,538$

million.

B$.$

Upper G minus TechG$$Tech$\text{'}$s

main source of financing in the financial markets over the period was the issuance of debt for the amount of

negative $ $1$ comma $793$$$1,793$

million.

C$.$

Upper G minus TechG$$Tech$\text{'}$s

main source of financing in the financial markets over the period was the issuance of common stock for the amount of

negative $ $1$ comma $793$$$1,793$

million.

D$.$

Upper G minus TechG$$Tech$\text{'}$s

main source of financing in the financial markets over the period was the issuance of common stock for the amount of

$$$$2525$

million.

Part $4$

d$.$ Based solely on the cash flow statements for

$20202020$

through

$20232023,$

write a brief narrative that describes the major activities of

Upper G minus TechG$$Tech$\text{'}$s

management team over the period. $($Select the best$$ choice.$)$

A$.$

Upper G minus TechG$$Tech$\text{'}$s

management team has been investing heavily in working capital and financing them with the issuance of stocks and internally generated funds.

B$.$

Upper G minus TechG$$Tech$\text{'}$s

management team has been investing heavily in capital expenditures and financing them with the issuance of debt and internally generated funds.

C$.$

Upper G minus TechG$$Tech$\text{'}$s

management team has been investing heavily in capital expenditures and financing them with the issuance of stocks and internally generated funds.

D$.$

Upper G minus TechG$$Tech$\text{'}$s

management team has been spending heavily in paying cash dividends and financing them with the issuance of stocks and internally generated funds.