Prepare a statement of cash flow for your friend from information provided above using the direct method.

1. Prepare a statement of cash flow for your friend from information provided above using
the direct method. (21 marks)
2. Can you provide some advice to your friend on how he could improve his cash flow
strategies, such as managing debt levels and terms of payment? (4 marks)

Accounting

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Prepare a statement of cash flow for your friend from information provided above using the direct method.

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