| VARIABLES | operating income growth rate | retained earnings rate | capital expenditure rate | Age | ||||
| Development stage | feature | value | feature | value | feature | value | feature | value |
| Growth stage | High | 3 | Low | 3 | High | 3 | Low | 3 |
| Maturity stage | Mid | 2 | Mid | 2 | Mid | 2 | Mid | 2 |
| Recession stage | Low | 1 | High | 1 | Low | 1 | High | 1 |