QUESTION 32 CASH FLOW STATEMENTS 40 MARKS THIS QUESTION HAS 3 QUESTIONS THAT MUST ALL BE ANSWERED. ANSWER IN A WORD DOCUMENT AND UPLOAD ON 'CASH FLOW DROPBOX'. After reading the required reading ' 6 tips to navigate uncertainty for brave finance professionals', you are required to answer the following questions below. You may use direct quotations from the article to support your answers BUT it should not replace your answers. Use proper in-text citations and only up to 3 references (including article). Note Word Limits for each question. QUESTIONS: 1. \"Businesses from all walks of life are haemorrhaging cash as the COVID-19 pandemic sweeps the globe.\" 15 marks This statement is mentioned in the required reading, explain what the statement above means in terms of its impact on 'cash flows' to be generated from operating, investing and financing activities. You may use a relevant example from your own community to answer this question and supported with evidence from the required reading. Your answer should be between 200-300 words MAX. 2. Explain the impact on cash flows of a build-up in inventory during this pandemic and how can companies mitigate the financial impact. 12 marks Support your answer with evidence from required reading. Your answer should be between 200-300 words MAX. 3. \"For those brave enough to act effectively now to stabilise and protect your business and maintain liquidity, opportunity will come.\" 13 marks Explain whether the Statement of Cash Flows is able to illustrate the 'liquidity' of an entity to its users and provide ONE recommendation how companies can maintain liquidity during this pandemic. Your answer should be between 200-300 words MAX. Note the maximum number of words must be followed by students for each question answered. There is no minimum number of words