Vonage's Net Income Paper

Decent Essays
When looking at and analyzing Vonage’s net income is fairly low in comparison to its cash flow from operating activities. In 2006, the net income was determined to be at$ -388,573 and its cash flow from operating activities was determined to be at $-188,898 (Edmonds, Tsay, & Olds, 2011). In 2007, the net income was determined to be at $-267,428 and the cash flow from other operating activities was equivalent to $-270,926 (Edmonds, Tsay, & Olds, 2011). In 2008, the net income was equivalent to $-64,576, while the cash flow from operating activity was $655 (Edmonds, Tsay, & Olds, 2011).

Reference:
Edmonds, T. P., Tsay, B., & Olds, P. R. (2011).Fundamental Managerial Accounting Concepts (6th ed.). New York, NY: McGraw­Hill Irwin.

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