Question
Question) Understand the expected direction of cash flows (operating and investing) for a growing (profitable) vs. declining companies Answer) I need help with the answer
Question) Understand the expected direction of cash flows (operating and investing) for a growing (profitable) vs. declining companies
Answer) I need help with the answer for declining companies. The answer for growing (profitable) companies is positive cash flows from operations and negative cash flow from investing
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Accounting Systems
Authors: Ronald W. Hilton, David E. Platt
10th Edition
1308172486, 978-1308172484
