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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
3.10Â Â INTERPRETING RELATIONS BETWEEN NET INCOME AND CASH FLOW FROM OPERATIONS. Combined data for three years for two firms appear below (in millions).
Â
|
 |
Firm A |
Firm B |
|
Net income |
$2,381 |
$2,825 |
|
Cash flow from operations |
$1,133 |
$7,728 |
Â
One of these firms is Amazon.com, a rapidly growing internet retailer, and the other is Kroger, a retail grocery store chain growing at approximately the same rate as the popula- tion. Identify each firm and explain your reasoning.
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