If the company makes 48 million NPAT
ie 68 million before tax, the books will show how much of this money has been received in the cash flow statement.
they have 10 million in the bank and run on 80% margins, they wont have paid much tax yet.
where is the rest or the money????????????????????????????
thats what the market wants to see
ETC
entertainment media & telecoms corporation limited
my predicksions, page-67
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