Profit and negative cash flow


Question 1: Is it possible for a company to have a profit and a negative cash flow? Please explain your answer.

Question 2: What is the interrelationship between the Income Statement, Balance Statement, Statement of Retained Earnings and Statement of Cash Flows?

Question 3: Give some examples of situations in which you would use horizontal and/or vertical analysis.

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Accounting Basics: Profit and negative cash flow
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