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6 Cards in this Set

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Liquidity
Ease with which assets can be converted to cash, without a significant loss in value
Operating Cash Flow
Earnings Before Interest and Taxes (EBIT)
+ Depreciation
- Current Taxes
Net Capital Spending
Ending Net Fixed Assets
- Beginning Net Fixed Assets
+ Depreciation
Net Working Capital
Current Assets
- Current Liabilities
Cash Flow Assets
Operating Cash Flows
- Net Capital Spending
- change in Net Working Capital
Three major forms of businesses
1. Sole proprietorship
2. Partnership
3. Corporation