Describe income statement-balance sheet

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Describe the income statement, balance sheet, statement of cashflows, and statement of retained earnings. Describe how to calculate free cash flow to the firm and what a company can do with it. Describe how debt affects EBIT, NI, and ROE. Describe how to calculate EVA and MVA and why they are good measure of financial performance. Also, describe how annual corporate income taxes owed are calculated step by step. Describe how a company can have a positive net income for the year, but a negative cash flow for the year.

Reference no: EM132912046

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