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Required: a) As far as the information permits, prepare a statement of cash flows for ABC for the year to 31 March 2023 in accordance

image text in transcribed Required: a) As far as the information permits, prepare a statement of cash flows for ABC for the year to 31 March 2023 in accordance with 'LS 7 Starements of cash flows. (20 marks) b) In recent years many analysts have commented on a growing disillusionment with the usefulness and reliability of the information contained in some companies' statements of profit or loss and other comprehensive income. Required: Discuss the extent to which a company's statement of cash flows may be more useful and reliable than its statement of profit or loss and other comprehensive income. (5 marks) Required: a) As far as the information permits, prepare a statement of cash flows for ABC for the year to 31 March 2023 in accordance with 'LS 7 Starements of cash flows. (20 marks) b) In recent years many analysts have commented on a growing disillusionment with the usefulness and reliability of the information contained in some companies' statements of profit or loss and other comprehensive income. Required: Discuss the extent to which a company's statement of cash flows may be more useful and reliable than its statement of profit or loss and other comprehensive income

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