You just reviewed the cash flow statement for a company for the past several years and you made the following very general observations about its

You just reviewed the cash flow statement for a company for the past several years and you made the following very general observations about its cash flows from operating activities (CFO), investing activities (CFI), and financing activities (CFF):   The company has very strong and positive and growing CFO; it has a negative CFI that has remained relatively constant; and its CFF is also negative but not very significant except it has been growing more negative over the past few years.  Based only on this limited cash flow statement information that you assembled, what general conclusions can you draw about this company's financial position, dividend policy, investment opportunities, growth and life cycle stage (start-up, expansion, growth, mature, decline)?