The indirect method requires which elements to determine net cash flow from operating activities? I. Adjustments for non-cash revenues and expenses. II. Shareholders' short-term loan. III. Net income from profit and loss statement. IV. Cash impact of changes in short-term balance sheet accounts. III and IV only. I, III and IV only. II and III only. II, III and IV only. The calculation of the cash flow coverage ratio includes which components? I. Dividends. II. Net income (NPAT) from the current period. III. Net income (NPAT) from the prior period. IV. Net cash after operations from the UCA cash flow statement. I and IV only. 1. II and IV only. II and III only. I and II only. Question (2) Identify the correct statements. 1. The cash flow required to support inventory (stock) increases on a relative basis if inventory (stock) turnover accelerates. II. The cash flow required to support inventory (stock) decreases on a relative basis if inventory (stock) turnover slows. III. The cash flow required to support inventory (stock) increases on a relative basis if inventory (stock) turnover slows. IV. The more quickly inventory (stock) is sold, the less cash flow is needed to support inventory (stock). I and II only. I and IV only. III and IV only. II and IV only