Cash flows from operating activitiesnet loss Obj. 1 In a prior year, United Continental Holdings, Inc. (UAL),

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Cash flows from operating activities—net loss Obj. 1 In a prior year, United Continental Holdings, Inc. (UAL), the parent company of United Airlines, reported a net loss of $723 million from operations. However, on its statement of cash flows, it reported $935 million of cash flows from operating activities.

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

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