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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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