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).
The Phoenician People. The Phoenicians were a seafaring trading company who called themselves Canaanites, meaning merchant, which describes the Phoenicians very well. T he Canaanite civilization began to develop in the modern day land which is Lebanon, parts of Syria and Israel, circa 3000 B.C.he Phoenicians traded with the Greeks, and shared the alphabet with them. The original Phoenician alphabet had 22 letters, and was adopted by the Greeks, who added four letters, all 26 of which we use today.