Calculating and interpreting cash flow from operations. Selected data for L.A. Gear, an athletic shoe company, appear

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Calculating and interpreting cash flow from operations. Selected data for L.A.

Gear, an athletic shoe company, appear below (amounts in millions):LO1.

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a. Compute the amount of cash flow from operations for each of the four years.

b. Discuss briefly the most important reasons why cash flow from operations differs from net income or net loss for each year.

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