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Bradbury Breathe Easy Corporation just announced that its net income was lower than last year. Nevertheless, analysts estimate that the company’s net cash flow increased. What factors could explain this inconsistency? a. The company’s depreciation expense increased. b. The company’s interest expense declined. c. The company had an increase in its non-cash revenues. d. Answers a and b are correct. e. Answers b and c are correct.

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Financial Management, Finance

Category:- Financial Management
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