The Nelson Corporation reported profit for the year in excess of its net cash from operating activities for the current year. An explanation for this may be:

Name: The Nelson Corporation reported profit for the year in excess of its net cash from operating activities for the current year. An explanation for this may be:
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A gain on the sale of investments increases profit but does not affect cash from operating activities, leading to higher reported profit compared to net cash from operations.

The Nelson Corporation Reported Profit for the Year in Excess