Question: 1. True or False: Cash flow is always the same as Net Income. 5. If the inventory account at Murray Manufacturing was $100 in 2019

1. True or False: Cash flow is always the same as Net Income. 5. If the inventory account at Murray Manufacturing was $100

1. True or False: Cash flow is always the same as Net Income. 5. If the inventory account at Murray Manufacturing was $100 in 2019 and fell to $75 in 2020, was that a "Source" or a "Use" of cash for the company

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=+In what ways were the two situations similar?

=+Does this solve the moral hazard problem? Why or why not?

=+ 3. Some commentators argue that when a fi nancial fi rm is rescued by the government in the midst of a fi nancial crisis, the fi rms equity holders