(a) Michael Dell, founder and CEO of Dell Technologies is quoted as saying:

"We were always focused on our profit and loss statement. But cash flow was not a regularly discussed topic. It was as if we were driving along, watching only the speedometer, when in fact we were running out of gas."

Explain why the cash flow statement is so integral to understanding organisational performance.

(b) Briefly explain what operating, investing, and finance activities are in the context of a Cash Flow Statement and identify ONE example of cash INFLOWS and ONE example of cash OUTFLOW for EACH category of activity (2 examples for each activity, and 6 in total).