question archive 1) If you were just starting your own business, what steps might you take to minimize the possibility of failure through over-trading? 2
Subject:BusinessPrice:9.82 Bought3
1) If you were just starting your own business, what steps might you take to minimize the possibility of failure through over-trading?
2. What information does the cash flow statement provide that is not available from the statement of financial position or the statement of financial performance?
3. INTERMEDIATE
6.7 102/3
Classify each of the following items as:
(a) cash or non-cash
(b) if cash, whether an inflow or outflow
(c) if cash, what type of activity (operating, investing, financing).
Cash or non-cash Inflow or outflow Activity
A Credit sales to customers
B Cash received from customers
C Interest paid
D Increase in long-term loan
E Advance to employees
F Bonus issue of shares
G Profit on sale of equipment
H Purchase of equipment
I Depreciation of equipment
J Revaluation upwards of land
K Proceeds on sale of equipment
L Cash paid to suppliers
M Interest received
Classify each of the following items as:
(a) cash or non-cash
(b) if cash, whether an inflow or outflow
(c) if cash, what type of activity (operating, investing, financing).
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