(a) What are the phases of the corporate life cycle?
(b) What effect does each phase have on the numbers reported in a statement of cash flows?

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(a) What are the phases of the corporate life cycle?(b) What effect does each phase have on the numbers reported in a statement of cash flows?

Robert · Accepted Answer

What are the phases of the corporate life cycle? 
The three phases of corporate life cycle are as follows:- 
1. Introductory phase: - this is the initial stage of business. Company launches its 
product newly at this stage 
2. Growth: - at this stage business tries to attain growth in its business as its product 
so introduced tries to gain some recognition in business. 
3. Maturity:

(a) What are the phases of the corporate life cycle? (b) What effect does each phase have on the numbers reported in a statement of cash flows?

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