A Cash Flow Statement discloses the flow of Cash to the company. When the accounts payable increases, the money of company gets blocked, so the Cash flow stops and hence an increase in the Accounts Receivable is shown as negative.
Phoenicians Colonies Colony at Kition, Cyprus Around 1100 B.C. the Phoenicians began creating colonies all across the Mediterranean -- even on the Atlantic coasts of Europe and Africa.pain. The early colony at Cadiz -- known to the Phoenicians as Gadir and to the Romans as Gades -- was gradually joined by more cities: Abdera (modern Adra), Sexi (modern Almu car), Malaka (modern Malaga) and Carteia (on the Bay of Gibraltar).
Report Abuse. The Phoenicians are the same people as the Canaanites. Canaanite is the Semitic word used for them, coming from the word 'Kan', or 'K'naan'. Phoencian is the Greek word for these same people. Tin trading-Phoenicians were well-known for trading tin, travelling as far as Britain to trade in tin. The colour pruple-The Phoenicians were famous for producing expensive purple dye (the colour of royalty) through murex seashells, which contained the purple used to make the purple dye. The Greeks called them Phoenicians because of the purple dye which they were famous for producing. The invention of the galley-The Phoencians invented the galley, used for sailing the Mediterranean Sea, and in times of war as a naval vessel. Phoenician kingdoms such as Arvad and Tyre were famous for their shipbuilding.