An entity may report significant profits over a number of successive years and still experience negative net

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An entity may report significant profits over a number of successive years and still experience negative net cash flows from its operating activities. How can this happen?
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Applying International Financial Reporting Standards

ISBN: 978-0730302124

3rd edition

Authors: Keith Alfredson, Ken Leo, Ruth Picker, Paul Pacter, Jennie Radford Victoria Wise

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