$1\mathrm{.}1$ Calculate the net cash flow from financing activities. Also state whether it is a net cash inflow or net cash outflow.

$1\mathrm{.}2$ Calculate the amount that would appear as $$Working capital changes$$ in the Statement of Cash Flows of Fiona Limited.

$1\mathrm{.}3$ Calculate the percentage increase in operating expenses over the two$-$year period and comment on your answer.

$1\mathrm{.}4$ Comment on the following items over the two$-$year period. $($No ratios are required.$)$

$1\mathrm{.}4\mathrm{.}1$ Non$-$current assets

$1\mathrm{.}4\mathrm{.}2$ Inventories

$1\mathrm{.}4\mathrm{.}3$ Accounts receivable$\backslash$table$[[\{$

$\backslash$table$[[1\mathrm{.}1$ Calculate the net cash flow from financing activities. Also state whether$],[$it is a net cash inflow or net cash outflow.$],[1\mathrm{.}2$ Calculate the amount that would appear as "Working capital changes"$],[$in the Statement of Cash Flows of Fiona Limited.$],[1\mathrm{.}3$ Calculate the percentage increase in operating expenses over the two$-],[$year period and comment on your answer.$],[1\mathrm{.}4$ Comment on the following items over the two$-$year period. $($No ratios$],[$are required.$)],[1\mathrm{.}4\mathrm{.}1$ Non$-$current assets$],[1\mathrm{.}4\mathrm{.}2$ Inventories$],[1\mathrm{.}4\mathrm{.}3$ Accounts receivable$],[$INFORMATION$],[$The following information was obtained from the financial records of Fiona$],[$Limited:$]]\},$Fiona Limited$],[$Statement of Financial Position as at $31$ December:$],[,2023($R$),2022($R$)],[$ASSETS$,,],[$Non$-$current assets,$2500000,3000000],[$Property$,$ plant and equipmer,$2500000,3000000],[$Current assets,$19500000,13600000],[\backslash$table$[[$Inventories$]],12000000,8000000],[$Accounts receivable,$6500000,3600000],[$Cash$,1000000,2000000],[$Total assets,$22000000,16600000],[,,],[$EQUITY AND LIABILITIES,,$],[$Fiona Limited,,Equity,$16000000,10600000],[$Statement of Comprehensive Income for the year ended $31$ December:,,Ordinary share capital,$12000000,8000000],[\backslash$table$[[,2023($R$)]],2022($R$),$Retained earnings,$4000000,2600000],[19000000,18000000,$Non$-$current liabilities,$2000000,3000000],[$Cost of sales,$(9800000),$Long$-$term loan $(12\%),2000000,3000000],[$Gross profit,$8200000,$Current liabilities,$4000000,3000000],[$Operating expenses,$(5200000),$Accounts payable,$3444000,2616000],[$Operating profit,$3000000,$Dividends payable,$556000,384000],[$Interest expense,$(360000),$Total equity and liabilities,$22000000,16600000],[$Profit before tax,$2640000,$Additional information,$],[$Company tax,$(739200),1.$ All purchases and sales of inventories are on credit.,$],[$Profit after tax,$1900800,2.$ Depreciation for the year ended $31$ December $2023$ amounted to R $500000.,],[,,\backslash$table$[[3.$ Interim dividends paid out during the financial year ended $31$ December $2023$ amounted to R$423800.],[4.$ Credit terms to debtors are $30$ days and credit terms from suppliers are $60$ davs.$]]]]$