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Do you agree with the statements below? Explain your answer. Inadequate cash flow is one of the common causes of business failures. Therefore, cash flow
Do you agree with the statements below? Explain your answer.
"Inadequate cash flow is one of the common causes of business failures.
Therefore, cash flow from operation is more important than net income.
One should focus more on cash flow from operations and ignore net income in the financial analysis.
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