The correct answers are given, please explain them

5.3 Trend Ltd. is a start-up based in Zurich selling sustainable clothing. Trend Ltd. starts its operation in 2017 and purchases and sells its first clothes. On 30 August 2017, Trend Ltd. purchases shirts for a total of CHF 100'000 against invoice. On 29 September 2017, Trend Ltd. pays the invoice and transfers CHF 100'000 to the supplier. On 30 October 2017, it sells all the shirts to a customer for CHF 150'000 against invoice. Trend Ltd. also compiles an interim financial report as per 30 October. What influence do these transactions have, and at what point in time, on what positions of the statement of financial position (balance sheet), the statement of profit or loss (using the cost of sales format), and/or the statement of cash flows? (9 points) Date Statement of Fi- nancial Position Statement of Profit or Loss Statement of Cash Flows 0 0 Inventories +100 Payables +100 30 August 2017 lo Op. CF-100 Cash-100 Payables - 100 29 September 2017 0 Inventories - 100 Receivables +150 Equity +50 Revenue +150 COGS -100 30 October 2017 5.4 Which of the following statements regarding Cash Flows applies at all times? (3 points) O A positive Cash Flow from financing activities leads to an increase in net debts. O A positive Cash Flow from financing activities leads to a decrease in net debts. An increase in sales leads to higher Cash Flow from operating activities, if the indirect method is used. A sale of a production machine for CHF 100 000 (with a book value of CHF 150 000) leads to increased Cash Flow from investing activities