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    Financial Management Principles
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    Exam 2: Essential Concepts in Finance: Part A
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    Why Do We Need a Cash Flow Statement? Can't We
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Why Do We Need a Cash Flow Statement? Can't We

Question 25

Question 25

Essay

Why do we need a cash flow statement? Can't we just use net income as a proxy for cash flow?

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No we cannot. There is a very big differ...

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