The information in the table is from the statement of cash flows for a company at four different points in time (M, N, O, and P). Negative values are presented in parentheses.
For each point in time, state whether the company is most likely in the introductory phase, growth phase, maturity phase, or decline phase.
Point in Time
M N O P
Net cash provided by
operating activities $(60,000) $30,000 $120,000 $(10,000)
Cash provided by
investing activities (100,000) 25,000 30,000 (40,000)
Cash provided by
financing activities 70,000 (90,000) (50,000) 120,000
Net income (38,000) 10,000 100,000 (5,000)

For M, based on the values given, the company is in the introductory phase. This is the product's cycle first stage where a particular product is being launched into the market.

For N, based on the values given, the company is in the decline phase. This is the phase where there's reduction in sales and profits stop.

For O, based on the values given, the company is in the maturity phase. This is the stage of whereby the growth of the sales has started to reduce.

For P, based on the values given, the company is in the growth phase. This is the stage whereby the product gains acceptance among the consumers, and the public as a whole. There'll also be an increase in the sales and revenue.