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1. Based on the profit-loss statement, does Rings and Things have a positive or negative cash flow? Why?
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4 votes
1. Based on the profit-loss statement, does Rings and Things have a positive or negative cash flow?

Why?

User MShah
by
6.1k points

1 Answer

4 votes

Answer:

They have a negative cash flow.

Step-by-step explanation:

Because their net operating activities is not breaking even, in other words, they are losing money.

User Anthony Palmer
by
6.7k points
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