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captures economic profit.
a)net income
b)operating cash flow
a)net income
captured cash flows from operations;
a)net income
b)operating cash flow
b)operating cash flow
required the judgements and estimates of management
net income
is susceptible to bias and manipulation
net income
is the result of accrual accounting
net income
does not require any judgements or estimates of management is less susceptible to bias and manipulation
operating cash flow