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The so-called "cash flow" (net income plus depreciation) is a flow of cash, but is it a flow to the shareholders or to the company?
Suppose that net income plus depreciation is a flow is an enormous mistake.
It would be surprising if someone took the sum of two parameters whose meaning is doubtful and whose magnitude is discretional and known as it a "cash flow."
It is a policy feature of permanent life insurance that permits policyholders to left any dividends obtained with the insurer, where the dividends can gain interest. Accumulation o
How is finance related to the disciplines of accounting and economics? Financial management is fundamentally a combination of economics and accounting. First financial managers
In January 2010 your firm bought from an Italian firm goods payable in Euros worth EU2,000,000. Suppose that at that time the exchange rate of the Euros was 1EU=$1.25. Because th
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