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CFS is a vital report that illustrates the money inflow and outflow of a business, dividing between operating, investing and financing activities to project the current liquidity of the company

CFS is a vital report that illustrates the money inflow and outflow of a business, dividing between operating, investing and financing activities to project the current liquidity of the company mXLRr
CFS is a vital report that illustrates the money inflow and outflow of a business, dividing between operating, investing and financing activities to project the current liquidity of the company. Therefore, it provides users with an overall picture of the business’s cash management (Robinson et al. 2012). CFS is based upon the cash basis of accounting (receipts/transfers of cash and cash equivalents). In operating activities, BC’s net cash inflow increased by $37. 4 million from $100. 3 to $137. 7 million in 2020 particularly due to the improvement in the working capital and net profit after tax (pg. 31). On a positive note, investing activities recorded a reduction of outflow of $52. 6 million, mainly from the new plant at Koroit and the new ERP system (pg. 31), compared to the outflow of $322. 9 million in 2019 (pg. 43). This change is mainly caused by fewer outflows on non-current assets. With financing activities, due to borrowings and the issue of shares reduction, there is a rapid drop in the net cash for this section in 2020 at -$91. 0 million. As a result, the total cash and cash equivalents section witnessed a drop from $28. 8 million to $22. 9 million in 2020 (pg. 43). However, a portion of this decrease was spent in upgrading the new plant and system which will increase efficiency in the future, hence BC can still be attractive to investors.
CFS is a vital report that illustrates the money inflow and
You use this word too often, consider replacing it with
outflow
of a business, dividing between operating, investing and financing
You use this word too often, consider replacing it with
activities
to project the
This phrase/word (depending on the context) can be potentially replaced with :
current
liquidity of the
This phrase/word (depending on the context) can be potentially replaced with :
company
.
Therefore
, it provides users with an
overall
picture of the business’s
You use this word too often, consider replacing it with
cash
management (Robinson et al. 2012). CFS
is based
upon the
You use this word too often, consider replacing it with
cash
basis of accounting (receipts/transfers of
You use this word too often, consider replacing it with
cash
and
You use this word too often, consider replacing it with
cash
equivalents).

In operating
You use this word too often, consider replacing it with
activities
, BC’s net
You use this word too often, consider replacing it with
cash
inflow increased by $37. 4
You use this word too often, consider replacing it with
million
from $100. 3 to $137. 7
You use this word too often, consider replacing it with
million
in 2020
particularly
due to the improvement in the working capital and net profit after tax (pg. 31).

On a
This phrase/word is too simple and can be replaced with:
positive
note, investing
You use this word too often, consider replacing it with
activities
recorded a reduction of
You use this word too often, consider replacing it with
outflow
of $52. 6
You use this word too often, consider replacing it with
million
,
mainly
from the new plant at
Possible spelling mistake found.
Koroit
and the new ERP system (pg. 31), compared to the
You use this word too often, consider replacing it with
outflow
of $322. 9
You use this word too often, consider replacing it with
million
in 2019 (pg. 43). This
This phrase/word (depending on the context) can be potentially replaced with :
change
is
mainly
caused by fewer
You use this word too often, consider replacing it with
outflows
on non-
This phrase/word (depending on the context) can be potentially replaced with :
current
assets.

With financing
You use this word too often, consider replacing it with
activities
, due to borrowings and the issue of shares reduction, there is a rapid drop in the net
You use this word too often, consider replacing it with
cash
for this section in 2020 at -$91. 0
You use this word too often, consider replacing it with
million
.
As a result
, the total
You use this word too often, consider replacing it with
cash
and
You use this word too often, consider replacing it with
cash
equivalents section witnessed a drop from $28. 8
You use this word too often, consider replacing it with
million
to $22. 9
You use this word too often, consider replacing it with
million
in 2020 (pg. 43).
However
, a portion of this decrease
was spent
in upgrading the new plant and system which will increase efficiency in the future,
hence
BC can
still
be attractive to investors.
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IELTS essay CFS is a vital report that illustrates the money inflow and outflow of a business, dividing between operating, investing and financing activities to project the current liquidity of the company

Essay
  American English
4 paragraphs
236 words
This writing has been penalized,
text can't be
less than 250 words in Task 2
and less than 150 words in Task 1
5.0
Overall Band Score
Coherence and Cohesion: 5.5
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    One main idea per paragraph
  • Include an introduction and conclusion
  • Support main points with an explanation and then an example
  • Use cohesive linking words accurately and appropriately
  • Vary your linking phrases using synonyms
Lexical Resource: 5.5
  • Try to vary your vocabulary using accurate synonyms
  • Use less common question specific words that accurately convey meaning
  • Check your work for spelling and word formation mistakes
Grammatical Range: 6.5
  • Use a variety of complex and simple sentences
  • Check your writing for errors
Task Achievement: 6.0
  • Answer all parts of the question
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    Present relevant ideas
  • Fully explain these ideas
  • Support ideas with relevant, specific examples
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