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G. Discuss the relations among net income, non-working capital adjustments, working capital adjustments, operating cash flows, and EBITDA for the three years. Are the patterns
G. Discuss the relations among net income, non-working capital adjustments, working capital adjustments, operating cash flows, and EBITDA for the three years. Are the patterns similar or different? What are the primary determinants of the differences between the summary measures net income, operating cash flows, EBITDA.
H. The income statement in Exhibit 1.27 shows depreciation and amortization expense as follows.
Explain why the amount on the income statement differs from the amount on the statement of cash flows each year.
2012 2011 2010 $550.3 $523.3 $510A However, the statement of cash flows shows addbacks for depreciation and amortization as follows 2011 2012 2010 $580.6 $550.0 S540.8 Explain why the amount on the income statement differs from the amount on the statement of cash flows each year
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