Question Details

Locate the 2003 Consolidated Statements of Cash Flows for 1-800 Contacts, Inc. Net

income for this company is on a downward trend while cash provided by operating activities

is on an upward trend. Using any information you can obtain about this company and

industry, write a report explaining this abnormal trend between the net income and the

cash flow numbers and whether this should be a red flag to investors and creditors.

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