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Assess and use the information to prepare statement of cash flows. 1. (a) What is a statement of cash flows? (a) Nick Johns maintains

Assess and use the information to prepare statement of cash flows. 1. (a) What is a statement of cash flows? (a) Nick Johns maintains that the statement of cash flows is an optional financial statement. Do you agree? Explain. 2. What are three types of activities reported in the statement of cash flows.

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