Indicate whether the following statements are True or False.

(i) Cash from business operations can be determined from income statement.

(ii) Working capital from business operations can be determined from profit and loss account.

(iii) Sources of cash should always be more than uses of cash, in the context of cash flows statement.

(iv) Interest paid on debentures is a part of operating activities.

(v) Interest received on two-months deposits in bank is shown under investing activities.

(vi) Sources of cash and uses of cash are to be equal.

(vii) Cash flows are inflows and outflows of cash and cash-equivalents.

(viii) Revaluation of building affects cashflows.

(ix) Sale proceeds from machinery, being a source of finance, form part of financing activities.

(x) Cash flow statement is mandatory for all business firms.

(xi) In normal circumstances a firm has positive cash from operations and negative cash flow from investing activities.