Question: QUESTION 7 Consider the following data for three different companies: (in thousands) Firm A Firm B Firm C Net cash provided (used) by: Operating activities

QUESTION 7 Consider the following data for three different companies: (in thousands) Firm A Firm B Firm C Net cash provided (used) by: Operating activities $2,450 $(2,300) $(1,250) Investing activities (2,708) 4,000 (3.109) Financing activities 2,509 (2.500) 6,690 Which of the following statements is false? O A. Firm A is a growth firm that is expanding rapidly, OB. Firm A is a new firm in the industry (introduction) OC Firm C is a new firm in the industry introduction) OD. Firm B is in decline (declining)

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