Financial Accounting: Tools for Business Decision Making, 8th Edition
Financial Accounting: Tools for Business Decision Making, 8th Edition
8th Edition
ISBN: 9781118953808
Author: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
Publisher: WILEY
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Chapter 12, Problem 12Q
To determine

Case Study:

M Company has experienced net loss of $800,000 during last year. But, the cash balance of the company has increased by $300,000 during the same period.

To explain: The possible reason as of how cash flow would increase even is the company incurs a loss.

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Financial Accounting: Tools for Business Decision Making, 8th Edition

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