Financial Statements and their analyses provide a comprehensive view of the business and hence reflect the true worth of the business.’ Do you agree with this statement? Discuss.

a) How would the expected net cash flows from the three separate activities: Operating, Investing and Financing differ for a newly established, growing entity as opposed to a mature and successful entity? b) Financial Statements and their analyses provide a comprehensive view of the business and hence reflect the true worth of the business.’ Do you agree with this statement? Discuss.