A company could have a net increase in cash while reporting a net loss in income.

Name: A company could have a net increase in cash while reporting a net loss in income.
Brand: Quizplus
Rating: 4.8 (33 reviews)

Question

Quizplus · Accepted Answer

A company could have a net increase in cash due to various reasons such as selling assets or securing loans. The net loss in income is only a measure of the profit or loss generated by the company during a specific period and is not directly related to the amount of cash on hand.

A Company Could Have a Net Increase in Cash While