Solution-Examine why profit may not always equal to cash

Examine why profit may not always equal to cash flows

Reference no: EM133062941

Question -

(a) Mary is puzzled that her business earns a positive net profit for the Year 2020. Yet, cash flows have decreased significantly over the year. Examine why profit may not always equal to cash flows.

(b) Briefly describe the company you are working in or choose one you are familiar with. Examine why the statement of cash flows is important in the company you have selected.

Reference no: EM133062941

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Examine why profit may not always equal to cash flows

Reference no: EM133062941

Reference no: EM133062941

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