Question: On its income statement for a recent year, United Continental Holdings, Inc., the parent company of United Airlines, reported a net loss of $723 million

On its income statement for a recent year, United Continental Holdings, Inc., the parent company of United Airlines, reported a net loss of $723 million from operations. On its statement of cash flows, it reported $935 million of cash flows from operating activities. Explain this apparent contradiction between the loss and the positive cash flows.

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