Q$2$: Below is the cash flow statement of Mach$7$ Technologies Limited $($M$7$T$).$

Statement of Cash Flows

FOR THE YEAR ENDED $30$ JUNE $2019$

The above statement of cash flows should be read in conjunction with the accompanying notes

$($a$)$ Evaluate M$7$T$\text{'}$s operating cash flows. Why were the operating cash flows negative in FY$2019?$

$($b$)$ Evaluate M$7$T$\text{'}$s investing cash flows. What were M$7$Ts main investing activities? Capital expenditures or acquisitions? Discuss.

$($c$)$ Evaluate M$7$T$\text{'}$s financing cash flows. How did the company fund its investing activities? How did M$7$T manage its capital?