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The main reason for a company preparing a cash flow statement is: Select one: a. To show the profit or loss of the company for

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The main reason for a company preparing a cash flow statement is: Select one: a. To show the profit or loss of the company for the period. b. To show the financial position of the company at the end of a period. O c. To show, in a standard format, the sources and uses of cash during the period. d. To comply with legal requirements. th The following information about XYZ Corp. applies to the entity for the year ended 30 June 2018 Payment to suppliers $150,000 Owners contribution $405,000 Receipts from long-term borrowing $250,000 Payment of Tax to ATO $130,000 Payment of wages $125,000 Purchases of 10 years government bond $80,000 Repayment of long-term borrowing $120,000 Interest paid on long term borrowing $12,000 Receipts from customers $500,000 Payment for equipment $190,000 Depreciation on equipment 580,000 Paid cash dividend to shareholders $120,000 Issued shares in exchange for land S105,000 Receipts from sales of old equipment $70,000 What is XYZ Corp's cash flow from financing activity

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