which of the following statements is most correct concerning therelationship between a companys cash budget and its incomestatement? 

a. if net income is positive, then cash flow could bepositive or negitive, but if net income is negative, cash flow mustalso be negative. 

b. if net income is positive, then cash flow mustbe positive.

 c. cash flow could be positive whether net income ispositive or negative. 

d. if net income is positive for 3 or moremonths in a row, then cash flow must be positive.

Answer rating: 100% (QA)

Option C is correct cash flow could be positive whether net income is posi... View the full answer