$($Related to Checkpoint$3\mathrm{.}3)($Analyzing the cash flow$$ Statement$)$

Upper G minus TechG$$Tech$,$

Inc. has experienced very rapid growth in revenues from

$20202020$

through

$20232023.$

View the cash flow statements for G$-$Tech spanning the period.

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Answer the following questions using the information found in these$$ statements:

Is

Upper G minus TechG$$Tech

generating positive cash flow from its$$ operations?

How much did

Upper G minus TechG$$Tech

invest in new capital expenditures over the$$ period?

Describe

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

sources of financing in the financial markets over the$$ period?

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.

Question content area bottom

Part $1$

a$.$ 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

$20232023.$