In 2015, Clearwater Seafoods Incorporated, one of Canada's largest seafood companies, reported a loss of $20,671 thousand.

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In 2015, Clearwater Seafoods Incorporated, one of Canada's largest seafood companies, reported a loss of $20,671 thousand. During the same period, its cash provided by operating activities was $68,494 thousand, despite the loss experienced by the company. Explain how this could occur.
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Financial Accounting Tools for Business Decision Making

ISBN: 978-1119368458

7th Canadian edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso, Barbara Trenholm, Wayne Irvine

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