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The information in the table is from the statement of cash flows for a company at four different points in time (A, B, C, and D). Negative values are presented in parentheses.
Instructions
For each point in time, state whether the company is most likely in the introductory phase, growth phase, maturity phase, or decline phase. In each case explain your choice.
Trek Company signed a 9%, 10-year note for $150,000. The company paid $1,900 as the installment for the first month. After the first payment, what is the updated principal balance?
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