1. What is the difference between net income and cash flow?
2. How can income statement data be used to estimate cash flow?
3. What is depreciation cash flow, and what is its expected use?
4. Why do not-for-profit businesses need to make a profit?
5. Why is net income called “the bottom line”?
6. What is the difference between net income and operating
7. What happens to net income?
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