February 2019
Beginner
3520 pages
50h 49m
English
Profit, shown on the income statement, is not the same as net cash, shown on the cash flow statement. Why should this be? Some reasons are pretty obvious: Cash may be coming in from loans or from investors, and that isn’t going to show up on the income statement at all. But even operating cash flow is not at all the same as net profit.
There are three essential reasons:
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