ESTION $1$

$(20$ Marks$)$

EQUIRED

udy the information given below and answer the following questions:

$1$ Calculate the net cash flow from financing activities. Also state whether it is a net cash inflow or net cash outflow.

$(2$ marks$)$

$.2$ Calculate the amount that would appear as "Working capital changes" in the Statement of Cash Flows of Fiona Limited.

$(4$ marks$)$

$1\mathrm{.}3$ Calculate the percentage increase in operating expenses over the two$-$year period and comment on your answer.

$(2$ marks$)$

$(4$ marks$)$

$(4$ marks$)$

$(4$ marks$)$

$1\mathrm{.}4\mathrm{.}3$ Accounts receivable

INFORMATION

The following information was obtained from the financial records of Fiona Limited:

Fiona Limited

Statement of Comprehensive Income for the year ended $31$ December: