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What is the statement in terms of impact on cash flows

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Reference no: EM132551922

"Businesses from all walks of life are haemorrhaging cash as the COVID-19 pandemic sweeps the globe."

Question 1: This statement is mentioned in the required reading, explain what the statement above means in terms of its impact on 'cash flows' to be generated from operating, investing and financing activities.

You may use a relevant example from your own community to answer this question and supported with evidence from the required reading.

Reference no: EM132551922

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