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Investors do not always take a negative cash flow as a negative. For example, assume in 2018 Amazon showed a loss of $124 billion and

Investors do not always take a negative cash flow as a negative. For example, assume in 2018 Amazon showed a loss of $124 billion and a net cash outflow of $262 billion from investing activities. Yet during the same year, Amazon was able to raise a net $254 billion through financing. Why would investors and lenders be willing to place money with Amazon?

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