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Question 3 (7 marks) (Note this question is from the Week 7 Tutorial) ABC Company had a positive net cash flow for the year, but

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Question 3 (7 marks) (Note this question is from the Week 7 Tutorial) ABC Company had a positive net cash flow for the year, but its statement of profit or loss reported a loss for the period. Explain (7 marks. Word limit: minimum 120 to maximum 150 words)

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