Reference no: EM133922960

Problem

Investments Horizon Cash Flow Statement For the Year Ending 30/6/2022-23 Operations Cash Receipts Form Variances $ Variances % Sales of package A $235,594.80 40.00% Sales of package B $65,789.00 10.00% Cash Paid for Inventory purchases $22,400.00 -10.00% General operating and administrative expeneses $10,200.00 -10.00% Wage expenses $10,300.00 -10.00% Interest $1,050.00 -10.00% Taxes $3,280.00 -10.00% Net Cash Flow from Operations $348,613.80 45% Investing Activities Variances $ Variances % Cash receitps from Sale of property and equipment $41,400.00 Infinite Cash paid for Infinite Purchase of property and equipment -$925,000.00 Making loans to other entities Net Cash Flow from Investing Activities Financing Activities Variances $ Variances % Cash receitps from Issuance of stock Borrowing Cash paid for Purchase of Investment packages $- 0.00% Net Cash Flow from Investing Activities $- 0.00% Net Cash Flow for the Period -$534,986.20 -76.52% Cash at Beginning of Year $699,177.00 466.12% Net Increase in Cash $164,190.80 19.34% Provide an analysis of the following aspects between the two financial years. Get the instant assignment help. What is the current position of the organisation? Positive or negative? Briefly explain using your variances results. What is the trend in the net cash flow and profitability of the organization? Briefly explain using your variances results.