Why doesnt an income statement provide a measure of a firms, Financial Management

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Why doesnt an income statement provide a measure of a firms

1. Why doesn't an income statement provide a measure of a firm's cash flows?

2. 25 years ago, the average home sale price in your hometown was $52,472. Today the average price of a house is $351,838. What was the average annual rate of change in the price of houses over this time period? (you should calculate the compound growth rate in this problem).

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Financial Management: Why doesnt an income statement provide a measure of a firms

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Financial Management: Why doesnt an income statement provide a measure of a firms

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