Overview
This discussion should be completed as part of the activities to complete your course work prior to Exam 2. This discussion is a required part of your Discussions grade for this course.
Read the following article: https://smallbusiness.chron.com/net-income-operating-cash-flow-important-finance-perspective-72993.html. Then, post your comments below. Some questions to consider in your posting:
- Which do you feel is more important, net income or net cash flow? Why?
- What might a Cash Flow Statement tell you that an Income Statement would not?
- The Cash Flow Statement has only been required in the United States since 1988. Why do you think it has risen in importance since then?
Do not feel limited by these questions... Feel free to discuss any ideas that you have on the topic. Then, Respond to one of your classmates' postings. This response should be thoughtful, well-developed, and add something to the original posting. An answer such as "I agree" is not acceptable.
Remember, in this post, as well as all Discussion Board postings, you should follow the rules of Netiquette. For more information on Netiquette, please see the ACCT 1020 Course Introduction Guide under the Content tab.