1. The Income Statement Lecture 1 This lecture is part of Chapter 1: The Basic Financial Statements 2. Today’s Lecture Understand the elements of the Income statement Use…
1.Chapter 2 Financial Statements, Taxes, and Cash Flow2. Key Concepts and Skills Know the difference between book value and market value Know the difference between accounting…
1 VALUATION OF BUSINESS Q1 Valuation of business Net assets method – Mkt. value of assets – Mkt value of liabilities STATEMENT OF NET ASSETS Land and building 96 Plant…