Solution-Explain apparent contradiction between loss and

Explain apparent contradiction between loss and cash flows

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Reference no: EM132683820

Problem - Cash flows from operating activities-net loss

On its income statement for a recent year, Continental Airlines, Inc. reported a net loss of $68 million from operations. On its statement of cash flows, it reported $457 million of cash flows from operating activities.

Explain this apparent contradiction between the loss and the positive cash flows.

Reference no: EM132683820

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Explain apparent contradiction between loss and cash flows

Reference no: EM132683820

Reference no: EM132683820

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