The following cash flows were reported by Techno Inc. in 2009 and 2008. (a) Explain the difference

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The following cash flows were reported by Techno Inc. in 2009 and 2008.

(a) Explain the difference between net income and cash flow from operating activities for Techno in 2009.
(b) Analyze Techno Inc.'s cash flows for 2009 and2008.

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Understanding financial statements

ISBN: 978-0136086246

9th Edition

Authors: Lyn M. Fraser, Aileen Ormiston

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Question Posted: Jun 12, 2012 12:36 AM

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The following cash flows were reported by Techno Inc. in 2009 and 2008. (a) Explain the difference

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a Cash provided by operations in 2009 is considerably less than net income The major reason is the 2882 million increase in accounts receivable Invent...View the full answer

Understanding financial statements

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