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Question 1: Explain three (3) purposes of the statement of cash flows. (6 marks) Question 2: Provide two (2) reasons why a profitable business can
Question 1:
Explain three (3) purposes of the statement of cash flows.
(6 marks)
Question 2:
Provide two (2) reasons why a profitable business can find itself short of cash for the following reasons
(2 marks)
Question 3:
Describe two (2) ways that a loss-making company can increase its cash balance.
(2 marks)
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