Please refer to Table 3-2 for the following questions.
Table 3-2
Enigma has the following financial information:

No changes were made in interest payable or taxes payable.
-Is it possible for a company that has negative net income and negative operating cash flow to end the year with an increase in cash and an increase in stock price? Explain your answer.

Question

Please refer to Table 3-2 for the following questions.
Table 3-2
Enigma has the following financial information:
  
No changes were made in interest payable or taxes payable.
-Is it possible for a company that has negative net income and negative operating cash flow to end the year with an increase in cash and an increase in stock price? Explain your answer.

Quizplus · Accepted Answer

The Answer of Please refer to Table 3-2 for the following questions.
Table 3-2
Enigma has the following financial information:
  
No changes were made in interest payable or taxes payable.
-Is it possible for a company that has negative net income and negative operating cash flow to end the year with an increase in cash and an increase in stock price? Explain your answer.

Please Refer to Table 3-2 for the Following Questions