Net income of a company is the same as the amount of cash flow generated by the business during the period.
BT: Comprehension

Question

Quizplus · Accepted Answer

Net income and cash flow are not the same. Net income is the profit of the company after deducting expenses while cash flow is the movement of money in and out of the company. They often differ due to non-cash items like depreciation and changes in working capital.

Net Income of a Company Is the Same as the Amount