Health System experienced a 10% net increase in cash flow in 2021. While cash flow increased, the
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Question:
Health System experienced a 10% net increase in cash flow in 2021. While cash flow increased, the net income declined by 10%. In your own words, what are some reasons this could have occurred? Hint: Think about what kind of factors can lead to cash flow increasing vs. profit decreasing. How they can be impacted separately?
Related Book For
Intermediate Accounting
ISBN: 978-0470161012
9th Canadian Edition, Volume 2
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield.
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