Cell-Borne Corporation has a net loss of 12,000 in (20 times 1) but has positive cash flows

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Cell-Borne Corporation has a net loss of 12,000 in \(20 \times 1\) but has positive cash flows from operations of 9,000 . What conditions may have caused this situation?

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Financial Accounting A Global Approach

ISBN: 9780395839867

1st Edition

Authors: Sidney J. Gray, Belverd E. Needles

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