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 is an ancient Greek term used to refer to the major export of the region, cloth dyed Tyrian purple from the Murex mollusc, and referred to the major Canaanite port towns, and it does not correspond exactly to a cultural identity that would have been recognised by the Phoenicians themselves. Their civilization was organized in city-states, similar to those of ancient Greece, perhaps the most notable of which were Tyre, Sidon, Arwad, Berytus, Byblos and Carthage.