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  3. a) list four insights that can be gained on a comp

a) List four insights that can be gained on a companys financial position / performance...

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Accounting

a) List four insights that can be gained on a companys financial position / performance from its cash flow statement.

b) Briefly explain the relationship and differences between the income statement and the cash flow statement.

c) Discuss whether accountants would be prepared to recognise something like an underground water supply as an asset on the companys balance sheet.

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