1. Based on your analysis from Part One, which of the following transactions and events would result in an improvement in Cash Flow to Sales in year 2022?

1. a cash receipt from a customer for amounts owing on goods previously sold on credit

2. a payment to a supplier for amounts owing on inventory previously purchased on credit

3. acquiring cash proceeds from a 5-year interest-only bank loan

4. A and B only

5. A and C only

6. B and C only

7. All of the above

1. None of the above

2. which of the following transactions and events would result in an improvement in Price to earnings ratio in year 2021?

1. selling goods on credit at the normal mark-up

2. issuing shares for cash

3. a share buy-back

4. A and B only

5. A and C only

6. B and C only

7. All of the above

8. None of the above