The financial press often uses the term cash flow to refer to a companys net income +

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The financial press often uses the term cash flow to refer to a company’s “net income + depreciation.” In a well-known article in Barron’s titled “No Substitutions, Please,” Intel was criticized for relying heavily on a number the company called “cash earnings,” computed by adding amortization of intangible assets to net earnings.
Required
Do you believe that using cash flow measures like the ones described above are superior to using net cash from operation as disclosed in the operating section of the statement of cash flows? Explain.

Intangible Assets
An intangible asset is a resource controlled by an entity without physical substance. Unlike other assets, an intangible asset has no physical existence and you cannot touch it.Types of Intangible Assets and ExamplesSome examples are patented...
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