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Cashcow Ltd reported a cash balance of R2000 and R10000 in its Statement of Financial Position for 2010 and 2011 respectively. The firm also bought
Cashcow Ltd reported a cash balance of R2000 and R10000 in its Statement of Financial Position for 2010 and 2011 respectively. The firm also bought equipment for R120000, sold old delivery vehicle for R100000, issued new ordinary shares to the value of R30000, redeemed preference shares with a face value of R9000 and repaid a long-term loan to the value of R15000 during 2011.Based on this information, you are required to indicate what the values of the following items were in the 2011 Statement of Cash Flows:1.Cash retained from operating activities,2. cash flow from financing activities, 3.cash from investing activities,4.change in cash and cash equivalents during the year
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