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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The two reasons are 1 The business is unprofitable This leads to more cash being paid out to employe...View the full answer
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Related Book For
Accounting And Finance For Non Specialists
ISBN: 9781292334691
12th Edition
Authors: Peter Atrill, Eddie McLaney
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