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Posted: August 31st, 2022
Pros and Cons of income flows versus cash flows
What are the pros and cons of income flows? What are the pros and cons of cash flows? Why do these differences exist? Are these differences valid? Why or why not? What’s good and bad about income flows? What are cash flows’ pros and cons? Why are there these differences? Do these differences really matter? What’s the deal?
Limitations of income statement and the balance sheet.
What are the major limitations of the balance sheet and the income statement? How do we overcome these limitations when we analyze them? How are these limitations reconciled?
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