In a very small start-up company, the company's results during the first year were equal...

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Finance

In a very small start-up company, the company's results during the first year were equal to the company's cash flow, ie in this example the profit was SEK 30,000 and the cash flow was SEK +30,000. During year two the result and the cash flow were different. Give two possible explanations for why earnings and cash flow can being different!

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