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Over Sufficiently Long Time Periods, the Amount of Net Income

Question 11

Multiple Choice

Over sufficiently long time periods, the amount of net income equals


A) cash inflows minus cash outflows from operating activities.
B) cash inflows minus cash outflows from operating and investing activities.
C) cash inflows minus cash outflows from operating, investing, and debt servicing activities.
D) cash inflows minus cash outflows from operating and debt servicing activities.
E) cash inflows minus cash outflows from investing and debt servicing activities.

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