Question: Question 12 Perhaps the most noteworthy item reported on an income statement is net incomethe amount by which revenues exceed expenses. The most noteworthy item

Question 12 Perhaps the most noteworthy item reported on an income

Question 12 Perhaps the most noteworthy item reported on an income statement is net incomethe amount by which revenues exceed expenses. The most noteworthy item reported on a statement of cash flows is not the amount of net cash flows. Explain

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