QUESTION 1 Consider the following data for three different companies: (in thousands) B S(1.000) 3.500 (3.000) $1,500 (3.000) 1,200 S(1.000) (2.500) 5.500 Net cash provided (used) by: Operating activities Investing activities Financing activities Which of the following statements is false? O A Fim Bow im in the industry Cotton B. Tim Chow firm to the industry introduction) OC Vin Ali indager of hankruptcy (declining) D. Tim is a growth fim that is expanding rapidly QUESTION 2 Three years of combined data for two firms appear below (in millions). Cash flow from operations Cash flow from investing Cash flow from financing Firm A $8,639 S(2,491) S (4,657) Firm B $3,759 $(4,281) $2,654 Use the above information to choose the correct answer. O A Firm A in introduction stage of product life cycle. B. Firma B in decline stage of product life cycle O C. Fimm A and firm B both are in maturity stage of product life cycle. OD. Firm B in growth stage of product life cycle 2018 $ 28,000 70,000 44,000 4.000 5,000 20,000 96,000 50.000 Consider the following information for XYZ Company Partial Balance Sheet XYZ Company December 31, 2019 and 2018 2019 Cash $ 17,000 Accounts receivable, net 92.000 Accounts payable 49,000 Income taxes payable 15,000 Accrued liabilities 6,000 Bonds payable ($15.000 due at 12/31/19) 115.000 Common stock 106,000 Retained earnings 70,000 Additional information for year ended December 31, 2019: Not income is $89.000 Net cash used by investing activities is (S160,000). Net casl provided by financing activities is $116,000. Net cash flow from operating activities is $23,000, The caly changes affecting retained earnings are net income and cusly dividends paid. Operating cash flow/total debt for 2019 in A 9.7894 OB.12.43% OC 13.539 OD.3.3396 Question Completion Status: 1 4 20 8 100 QUESTION 1 Consider the following data for three different companies: (in thousands) B Net cash provided (used) by: Operating activities Investing activities Financing activities S(1.000) 3.500 (3.000) SI.500 (3.000) 1.200 $(1.000) (2,500) 5,500 Which of the following statements is false? O A Firm B is a new firm in the industry introduction). B. Firm C is a new firm in the industry (introduction) OC Firm A is in danger of bankruptcy (declining) O D. Firm B is a growth firm that is expanding rapidly. QUESTION 2 Three years of combined data for two firms appear below (in millions). Three years of combined data for two firms appear below (in millions). Cash flow from operations Cash flow from investing Cash flow from financing Firm A $8,639 S(2.491) (4.657) Firm B $3.759 $(4.281) $2.654 Use the above information to choose the correct answer A. Firm A in introduction stage of product life cycle. B. Firm B in decline stage of product life cycle. C. Firm A and firm B both are in maturity stage of product life cyele. D. Firm Bin growth stage of product life cycle. Consider the following information for XYZ Company Partial Balance Sheet XYZ Company December 31, 2019 and 2018 2019 Cash $ 17,000 Accounts receivable. net 92,000 Accounts payable 49,000 Income taxes payable 15,000 Accried liabilities 6,000 Bonds payable (515,000 due at 12/31/19) 115,000 Common stock 106,000 Retained earnings 70.000 Additional information for year ended December 31, 2019: Net income is $89,000 Net cash used by investing activities is (S160,000) Net cash provided by financing activities is $116,000, Net cash flow from operating activities is $23,000. The only changes affecting retained earnings are net income and cash dividends paid. Operating cash flow total debt for 2019 is A 9.789 3. 12.4394 OC 13.539 2018 S 28,000 70,000 44,000 4.000 5.000 20,000 96,000 50.000