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Task 5: Accenture SAOG has applied for a loan from Oman Development Bank. The Bank officers have asked for an analysis of the Cash Flows
Task 5: Accenture SAOG has applied for a loan from Oman Development Bank. The Bank officers have asked for an analysis of the Cash Flows of the Company for the financial year 2019 as a part of the loan application. You set forth to write an analytical report to the Bank, discussing the Components of Accenture SAOG's statement of cash flows and their implication on the company's ability to repay the proposed bank loan. Task 6: The Chief Financial Officer of Accenture SAOG is concerned that the statement of cash flows has shown a net decrease in cash. He asked for your suggestions on any further action that they need to take to enhance the cash flows from operations for the year 2020. As senior Accountant, you put together your suggestions on measures Accenture SAOG can undertake to enhance the future Cash flows of the organisation
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