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What is the most common sequence in the timing of reporting a firm's operating and investing cash flows and operating income? What do firms need
What is the most common sequence in the timing of reporting a firm's operating and investing cash flows and operating income? What do firms need to bridge the gap in the timing of cash inflows and outflows? What happens in a firms accounting when revenues are reported before or after cash collections and when expenses are reported before or after cash payments? Please, provide examples.
(300-400 words)
What is the most common sequence in the timing of reporting a firm's operating and investing cash flows and operating income? What do firms need to bridge the gap in the timing of cash inflows and outflows? What happens in a firms accounting when revenues are reported before or after cash collections and when expenses are reported before or after cash payments? Please, provide examples.
(300-400 words)
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