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3.2 ABC Traders runs a successful company in small town in Alice Town Eastern Cape. ABC Traders' cash flow statement for the year ended
3.2 ABC Traders runs a successful company in small town in Alice Town Eastern Cape. ABC Traders' cash flow statement for the year ended 31 July 2023 is as follows: Notes Cash flows from operating activities (a) Cash receipts from customers 2 416 750 Cash paid to suppliers and employees (1905 859) Cash generated from operations 1 (b) Interest received Interest paid Dividends received Dividends paid Taxation paid Cash flows from investing activities Purchase of non-current assets Proceeds from non-current assets Cash flows from financing activities Proceeds from the issue of share capital Proceeds from long-term borrowings Net change in cash and cash equivalents Cash and cash equivalents: beginning of year Cash and cash equivalents: end of year Required (3 711) (54 883) (253 906) (c) (292 969) 5 859 (d) 187 500 175 781 (e 31 434 Fill in the missing figures from(af) for the cash flow statement in the table above. Then, explain the function of the cash flow statement in contrast to the statement of financial position. marks) (18
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