Question: please answer Question b and C, thx Question 1 (Total 20 marks) In order to prepare a statement of cash flows for the year ended

please answer Question b and C, thx Question 1 (Total 20 marks)In order to prepare a statement of cash flows for the yearplease answer Question b and C, thx

Question 1 (Total 20 marks) In order to prepare a statement of cash flows for the year ended on 31 December 2021 , the following financial statements are provided. Nomad Company Inroma Statamant Nomad Company Statements of Financial Position Der.ember 312021 and 2020 b. Provide 4 reasons why Nomad's net income is different from its net operating cash flows. (2 marks) c. Analyze the statement of cash flows prepared in part a. and comment on: i. the main reason(s) for the net cash flows from operating activities' positive (or negative) result and what Nomad Company should pay attention to or review. (3 marks) ii. the main reason(s) for the net cash flows from investing activities' positive (or negative) result and what Nomad Company should pay attention to or review. (3 marks). Question 1 (Total 20 marks) In order to prepare a statement of cash flows for the year ended on 31 December 2021 , the following financial statements are provided. Nomad Company Inroma Statamant Nomad Company Statements of Financial Position Der.ember 312021 and 2020 b. Provide 4 reasons why Nomad's net income is different from its net operating cash flows. (2 marks) c. Analyze the statement of cash flows prepared in part a. and comment on: i. the main reason(s) for the net cash flows from operating activities' positive (or negative) result and what Nomad Company should pay attention to or review. (3 marks) ii. the main reason(s) for the net cash flows from investing activities' positive (or negative) result and what Nomad Company should pay attention to or review

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