158.Differences between net income and operating cash flow.Identify three factors that may cause net income to differ from the net cash flow from operating activities. 159.Significance of...

158.Differences between net income and operating cash flow.


Identify three factors that may cause net income to differ from the net cash flow from operating activities.

159.Significance of cash flows


In the long run, is it more important for a business to have a positive cash flow from its operating activities, investing activities, or financing activities? Why?