On its income statement for a recent year continental


Cash flow from operating activities - net loss

On its income statement for a recent year, continental Airlines, Inc. reported a net loss of $68 million from operations. On its statement of cash flows, it reported $457 million of cash flows from operating activities.

Explain this apparent contradiction between the loss and the positive cash flows.

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Financial Accounting: On its income statement for a recent year continental
Reference No:- TGS0777676

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