This preview shows pages 1–7. Sign up to view the full content.
2-00Chap 2: Financial Statements, Taxes, and Cash FlowKnow the difference between book valueand market valueKnow marginaland averagetax rate conceptsUnderstand the major characteristicsof the“Balance Sheet” and“Income Statement”Know the difference between accounting incomeand cash flowKnow how to determine a firm’s cash flowfrom its financial statements
has intentionally blurred sections.
Sign up to view the full version.