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2: Refer to the figures below from excerpts from Tonina and cos cash flow statements Total cash outflows= $352,500 Total cash inflows= $532,500 Opening balance=
2: Refer to the figures below from excerpts from Tonina and cos cash flow statements Total cash outflows= $352,500 Total cash inflows= $532,500 Opening balance= $135,000 Calculate the closing balance (2 marks) Define the term cash flow statement (2 marks)
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