Last years statement of cash flows for Angus plc showed a negative cash flow from operating activities.

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Last year’s statement of cash flows for Angus plc showed a negative cash flow from operating activities. What could be the reason for this and should the business’s management be alarmed by it?

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Accounting And Finance For Non Specialists

ISBN: 9781292334691

12th Edition

Authors: Peter Atrill, Eddie McLaney

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Question Posted: Dec 24, 2023 05:38 AM

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Last years statement of cash flows for Angus plc showed a negative cash flow from operating activities.

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The two reasons are 1 The business is unprofitable This leads to more cash being paid out to employe...View the full answer

Accounting And Finance For Non Specialists

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