111. Discuss the premise of accrual accounting. Why is it considered preferable over cash basis accounting? 115. Explain the difference between a market value balance sheet and a book-value balance sheet. a 117. Can cash flow from operations be positive if net income is negative? Can operating cash flow be negative if net income is positive? Give examples. 118. What are a firm's cash flows? I 122. What information is contained in the balance sheet/Income statement, and statement of cash flows? 124. Why does accounting of income differ from cash flow