Question: Why does a companys net cash flow seldom equal its net income or net profit? a. Because net income is less complicated to compute than
Why does a companys net cash flow seldom equal its net income or net profit?
a. Because net income is less complicated to compute than net cash flow
b. Because income statement is prepared using accrual accounting
c. Because companies can only generate net cash flows from financing activities
d. Because Generally Accepted Accounting Principles (GAAP) requires cash accounting
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