随笔分类 - Thinking in Corporate Finance
摘要：Today,we learn about the cash flow.Cash flow summary:1.The cash flow identity:(现金恒等式)cash flow from assets = cash flow ro creditors (bondholders) +cash flow to stockholders (owners)What it reflect is the fact that a firm generates cash through its various activities, and that cash either is used to
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摘要：Taxes can be one of the largest cash outflows that a firm experiences.The size of the tax bill(税单) is determined through the tax code（税则） and often-amended set of rules.Notes:If the various rules of taxation seem a little bizarre(奇怪的) or convoluted（复杂的，费解的） to you,keep in mind that the tax code is t
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摘要：The income statement measures performance over some period of time,usually a quarter or a year.The income statement equation is:Revenus - Expenses = IncomeFrom the last section,we know that the balance sheet is as a snapshot,and here the income statement is as a video recording covering the period b
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摘要：This chapter-2 we learn about the the financial statements(财务报表),taxes and cash flow.We must pay particular attention to two important differences:1.the difference between accounting value and market value2.the difference between accounting income and cash flowLet's start:2-1 the balance sheet (
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摘要：Recently,i am learning some useful things about financial management by reading 《Essentials of Corporate Finance》 writed by Ross/Westerfield/Jordan.Now i will share with you.Chapter One :Introduction to Financial ManagementTraditionally,finance are grouped into four basic Areas: 1.corporate finance.
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