Financial Management: Theory & Practice
Financial Management: Theory & Practice
16th Edition
ISBN: 9781337909730
Author: Brigham
Publisher: Cengage
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Chapter 11, Problem 2Q
Summary Introduction

To discuss:

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Cash can be used up or invest again, and as accounting proceeds does not stand for cash, they are of fewer basic significance than cash flows for analysis of investment. Recollect that in the chapters of stock valuation concentrated on free cash flows and dividends, which stand for cash flows, moderately than on earnings per share, which stand for accounting proceeds.

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Financial Management: Theory & Practice

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