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Lecture Financial reporting and analysis (6/e) - Chapter 6: The role of financial information in valuation and credit risk assessment

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Chapter 6 - The role of financial information in valuation and credit risk assessment. After reading the material in this chapter, you should be able to: The basic steps in business valuation using free cash flows and abnormal earnings, why current earnings are considered more useful than current cash flows for assessing future cash flows, the expanding use of fair value measurements in financial statements, what factors contribute to variation in price-earnings multiples.
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Lecture Financial reporting and analysis (6/e) - Chapter 6: The role of financial information in valuation and credit risk assessment

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