Questions 1 (Marks 7) What is cash flow statement, what are three main activities which are included in the cash flow statement? Explain all these activities, what items are included in them how cash flow statement can be used to access the performance a business. Question 2: (Marks 4) What is cost of goods sold, how to calculate cost of goods sold for manufacturing, merchandising and service business. Why the good sols is important to earn good profit? Instruction: Search these topics from internet or accounting book and write in your own words There should be at least 500-700 words for question 1 and 300-500 words in question 2