when income is not explicitly stated

when income is not explicitly stated - other non-cash...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
Cash Flow: the excess of cash revenues over cash outlays in a give period of time (not including non- cash expenses) Net Income:the excess of revenues over outlays in a given period of time (including depreciation and
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: other non-cash expenses)...
View Full Document

This note was uploaded on 03/07/2011 for the course ECON 101 taught by Professor Hillman during the Spring '11 term at MCTC.

Ask a homework question - tutors are online