Published at Journal of Accounting Research, Kim and Cross (2005) report that the ability of current earnings to predict next period's operating cash flows exceeds the ability of current operating cash flows to predict next period's operating cash flows. Give an explanation for this result. (4 marks) Published at Journal of Accounting Research, Kim and Cross (2005) report that the ability of current earnings to predict next period's operating cash flows exceeds the ability of current operating cash flows to predict next period's operating cash flows. Give an explanation for this result. (4 marks)