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    Net income without cash is almost meaningless.

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    Why does capital budgeting rely on analysis of cash flows rather than on net income

    © BrainMass Inc. brainmass.com June 3, 2020, 5:23 pm ad1c9bdddf
    https://brainmass.com/business/accounting/net-income-without-cash-is-almost-meaningless-24289

    Solution Summary

    Cash is the blood line of the company.

    $2.19

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