1. How do you reconcile or connect the balance sheet and the income statement? Your answers should be based on net income dividends, and retained earnings. 2. Explain the difference between the statement of cash flows and the cash flow analysis 3. Gíve real-world examples of (i) the present value of a SINGLE cash flow and (ii) the present value of MULTIPLE, EQUÀL, REGULAR, and FINITE cash flows. 4. Explain the price-earnings ratio. What is it trying to measure?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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1. How do you reconcile or connect the
balance sheet and the income statement?
Your answers should be based on net income,
dividends, and retained earnings.
2. Explain the difference between the
statement of cash flows and the cash flow
analysis
3. Gíve real-world examples of (i) the present
value of a SINGLE cash flow and (ii) the
present value of MULTIPLE, EQUAL,
REGULAR, and FINITE cash flows.
4. Explain the price-earnings ratio. What is it
trying to measure?
Transcribed Image Text:1. How do you reconcile or connect the balance sheet and the income statement? Your answers should be based on net income, dividends, and retained earnings. 2. Explain the difference between the statement of cash flows and the cash flow analysis 3. Gíve real-world examples of (i) the present value of a SINGLE cash flow and (ii) the present value of MULTIPLE, EQUAL, REGULAR, and FINITE cash flows. 4. Explain the price-earnings ratio. What is it trying to measure?
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