$\backslash$table$[[$VIOLA LIMITED$],[$STATEMENT OF CASH FLOWS FOR THE YEAR ENDED $31$ DECEMBER $2023],[,$R$],[$Cash flows from operating activities,$3504000],[$Operating profit$/$lncome from operations,$6144000],[$Non$-$cash flow adjustments,$1536000],[$Add: Depreciation,$1536000],[$Profit before working capital changes,$7680000],[$Working capital changes,$(1200000)],[$Decrease in inventory,$96000],[$Increase in receivables,$(912000),],[$Decrease in payables,?$],[$Cash generated from operations,$6480000],[$Interest paid,?$],[$Investment income,$200000],[$Dividends paid,$(1640000)],[$Company tax paid,$(1152000)],[$Cash flows from investing activities,$(5376000)],[$Non$-$current assets purchased,$(3936000)],[$Increase in investments,$(1440000)],[$Cash flows from financing activities,?$],[$Increase$/$Decrease in long$-$term borrowings,?$],[$Net increase in cash and cash equivalents,$48000],[$Cash and cash equivalents at beginning of year,$(20000)],[$Cash and cash equivalents at end of year,$28000]]$QUESTION $1(20$ Marks$)$

REQUIRED

Study the Statement of Cash Flows and answer the following questions:

$1\mathrm{.}1$ Calculate the following:

$1\mathrm{.}1\mathrm{.}1$ Decrease in payables $(2$ marks$)$

$1\mathrm{.}1\mathrm{.}2$ Interest paid. $(2$ marks$)$

$1\mathrm{.}2$ Was there an increase or decrease its non$-$current liabilities? Show the relevant

calculations. $(3$ marks$)$

$1\mathrm{.}3$ Apart from the items listed under working capital changes, identify THREE $(3)$ other

changes to the financial position of Viola Limited. $(3$ marks$)$

$1\mathrm{.}4$ Comment on the following:

$1\mathrm{.}4\mathrm{.}1$ Decrease in inventory R$96000(2$ marks$)$

$1\mathrm{.}4\mathrm{.}2$ Increase in receivables $($R$912000)(2$ marks$)$

$1\mathrm{.}4\mathrm{.}3$ Cash flows from operating activities R$3504000(2$ marks$)$

$1\mathrm{.}4\mathrm{.}4$ Non$-$current assets purchased $($R$3936000)(2$ marks$)$

$1\mathrm{.}4\mathrm{.}5$ Increase in investments $($R$1440000)(2$ marks$)$