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Reflect on the Statement of Cash Flows and describe how each of the following could occur: The company experienced a loss, yet its cash flow increased during the same period. The company experienced a gain, yet its cash flow decreased during the same period. Give at least two explanations for each situation. Your VP of finance made the comment, the statement of cash flows is more important than the income statement. How would you respond to him?

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Financial Management, Finance

Category:- Financial Management
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