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What are the three activities in the statement of cash flows? Discuss the links between them. What is life cycle for revenues? Explain each stage

  1. What are the three activities in the statement of cash flows? Discuss the links between them.

  1. What is life cycle for revenues? Explain each stage for its characteristics, related to the cash flows and net income.

  1. Which activities link with net work capitals, which activities link with long-term assets? Give a couple of numerical examples to prove your points.

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