KCQ’S on Chapter Three:
Introducing Financial Statements
Chapter three was way better
than chapter one more interesting and I could relate it to being at a
university meeting new people for the first time.
- Companies Balance Dates are all different.
- Equity value= Present Value of excepted future dividends.
- Cash Flow and Dividends are cousins.
- Dividends= Cash Flow-Capital+Net Cash Flow
- Income statements shows the changes in a business over a year.
Questions:
- Why isn't there a required format for balance sheets?
- Why isn't there specific rules on financial statements?
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