Summarize each financial statement and explain the interrelationships between the three major financial statements in a single, unified paragraph

What are capital expenditures and how did they affect cash flow?

Why does long-term borrowing increase cash flow?

What may be the reason for a short-term debt increase on cash flow statement?

Describe a situation where profit may not contribute positively to cash flow. Which is more important for a small business, cash flow or profit? Defend your view, but use evidence and explore both sides of the argument.