Most experts now agree that there has been a tendency to rely far too heavily on net income and its companion,earnings per share,and in many cases to ignore a company's cash flows.

Question

Quizplus · Accepted Answer

This statement accurately reflects the current perspective of many experts in the field. They argue that focusing solely on net income and earnings per share can be misleading, and that analyzing a company's cash flows is essential for understanding its financial health.

Most Experts Now Agree That There Has Been a Tendency