Although you may never put pen to paper [or finger to calculator] in working business valuation’s mathematical and analytical formulas, you want to understand them, particularly...
Disclosure of free cash flow is not a GAAP requirement. In addition, free cash flow is not defined by GAAP and is referred to officially as...
Cash flows without any adjustment may be misleading because they do not reflect the cash outflows that are necessary for the future existence of a firm....