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NUWARE LIMITED REQUIRED: 1.1 Why was depreciation included in computing the cash flow from operating activities? (2 marks) 1.2 Calculate the cash balance on 31
NUWARE LIMITED REQUIRED: 1.1 Why was depreciation included in computing the cash flow from operating activities? (2 marks) 1.2 Calculate the cash balance on 31 December 2019 if there was a bank overdraft of R460 000 on 31 December 2020 . (2 marks) 1.3 Based on the cash flow information above, how does the company appear to be performing? Explain by referring to at least five items in the cash flow statement. (10 marks) 1.4 Long term loans were increased during 2020. Was this the most appropriate way of financing the purchase of assets? (3 marks) 1.5 What cash receipts increase cash but not profits
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