The COVID-19 pandemic has forced many businesses to manage cash flow differently. Required: What is the expected
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Question:
“The COVID-19 pandemic has forced many businesses to manage cash flow differently.”
Required:
What is the expected impact on the cash flow for a business such as an international airline for the year ended 30 June 2022 compared to the cash flow in a year before the pandemic started?
Explain in your own words, one (1) likely impact of the pandemic on each of the three sections of the cash flow statement, using an international airline as an example.
Impact on the Operating cash flow statement section
Impact on the Investing cash flow statement section
Impact on the Financing cash flow statement section
Related Book For
Financial Reporting and Analysis
ISBN: 978-1259722653
7th edition
Authors: Lawrence Revsine, Daniel Collins, Bruce Johnson, Fred Mittelstaedt, Leonard Soffer
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