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10 Cards in this Set
- Front
- Back
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balance sheet
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snapshot of the firm.
assets=liabilaties + equity |
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net working capital
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current assets-current liabilaties =NWC....want this to be positive
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financial leverage
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use of debt in a firms capital structure
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market value
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the acutal $ amount if you sold the firm
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book value
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value of org. shown on balance sheet.
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income statement
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measures performance over some period of time
revenues-expenses=income |
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income statement example
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sales-cogs-depriciation-->EBIT-interest paid=taxable income-taxes= NI--> NI-div = addition to RE
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noncash items
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exp's charged against revenues that do not directly affect cash flows(DEPRICIATION)
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flat tax rate
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only 1 tax rate and is the same for all income levels
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cash flow
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$that came in - $ that went out
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