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Making sense of financial statements. June 30, 2023

Motley Fool Money

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The Importance of Cash Conversion in a Cap X Company

You will see these big mismatches when you look, by the way, we're talking a lot about the profit and loss. I mean, there's nothing fishy going on here, right? You just need to be aware of these things. The old saying is that sales is vanity, profit is sanity and cash is king.

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