1. In comparison to investing and financing activities, it is often said that cash from operating activities must be main source of cash to achieve long term success of the company. Do you agree or disagree with this stater In your own words, give reason or reasons to support your answer taking into consideration the possible consequences of the cash being provided by any of the other two activities over the long run.

1. In comparison to investing and financing activities, it is often said that cash from operating activities must be main source of cash to achieve long term success of the company. Do you agree or disagree with this stater In your own words, give reason or reasons to support your answer taking into consideration the possible consequences of the cash being provided by any of the other two activities over the long run.

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter11: The Statement Of Cash Flows

Section: Chapter Questions

Problem 40E

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