Lecture note Essentials of corporate finance – Chater 2: Financial statements, taxes and cash flow
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The topics discussed in this chapter are financial statements, taxes and cash flow. On completion of this chapter students will: Know the difference between book value and market value, know the difference between accounting income and cash flow, know the difference between average and marginal tax rates, know how to determine a firm’s cash flow from its financial statements.
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Lecture note Essentials of corporate finance – Chater 2: Financial statements, taxes and cash flow
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Lecture note Essentials of corporate finance – Chater 2: Financial statements, taxes and cash flow
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