Question
Explain the difference between Net Income and Cash flow from Operations.Why is it important for a business to consistently generate a positive free cash flow.?
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Net income is the profit a company generates after deducting all expenses including taxes and interest from its total revenue Its essentially the bott...Get Instant Access to Expert-Tailored Solutions
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Understanding financial statements
Authors: Lyn M. Fraser, Aileen Ormiston
9th Edition
136086241, 978-0136086246
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