A company had a net increase in cash while it reported a net loss in income.
BT: Comprehension

Name: A company had a net increase in cash while it reported a net loss in income. BT: Comprehension
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Question

Quizplus · Accepted Answer

It is possible for a company to have a net increase in cash even if it reports a net loss in income. This could occur if the company sold assets, received loans, or other sources of cash inflow that were greater than the amount of the net loss.

A Company Had a Net Increase in Cash While It