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On its income statement for a recent year, United continental Holdings inc. the parent company of united airlines, reported a net loss of $723 million
On its income statement for a recent year, United continental Holdings inc. the parent company of united airlines, reported a net loss of $723 million from operations. On its statement of cash flows, it reported $935 million of cash flows from operating activities. Explain this apparent contradiction between the loss and the positive cash flow.
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