Differentiate between accounting profit and net cash flow. Why do those two numbers differ?
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Differentiate between accounting profit and net cash flow. Why do those two numbers differ?
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The emphasis in accounting is on the determination of accounting income or net income while the emphasis in finance is on net cash flow Net cash flow ...View the full answer
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Related Book For
Fundamentals of Financial Management
ISBN: 978-0324302691
11th edition
Authors: Eugene F. Brigham, Joel F. Houston
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