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).
Phoenicia was a thalassocratic ancient Semitic civilization that originated in the Eastern Mediterranean and in the west of the Fertile Crescent. It included the coastline of what is now Lebanon, Israel, Gaza, Syria, and south-west Turkey, though some of its colonies later reached the Western Mediterranean and even the Atlantic Ocean. The civilization spread across the Mediterranean between 1500 BC and 300 BC. Phoenicia is an ancient Greek term used to refer to the major export of the region, cl