National Co. recently announced an increase in its net income, yet its net cash flow declined relative to last year. Which of the following could explain this performance? * O

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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National Co. recently announced an increase in its net income, yet its net cash flow declined
relative to last year. Which of the following could explain this performance? *
O The company's interest expense increased.
The company's depreciation and amortization expenses declined.
O The company's operating income declined.
O All of the statements above are correct.
Transcribed Image Text:National Co. recently announced an increase in its net income, yet its net cash flow declined relative to last year. Which of the following could explain this performance? * O The company's interest expense increased. The company's depreciation and amortization expenses declined. O The company's operating income declined. O All of the statements above are correct.
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