Question: Required: (a) From the given information above, prepare a cash flow statement using direct method for the year ended 31 December 2015 in accordance to

Required: (a) From the given information above, prepare a cash flow statement using direct method for the year ended 31 December 2015 in accordance to the requirement of MFRS 107: Statements of Cash Flows. (12 Marks) (b) Discuss the purpose of the Statement of Cash Flows. (4 Marks) (c) Explain the significance of separating cash ows into operating activities, investing activities and nancing activities to financial statement users in analyzing cash flows and the business's financial performance and condition. (4 Marks)

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