Describes (a) the nature of the firm"s business tasks, (b) the shares to be issued, and (c) the complace of the initial board of directors.

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Begins with net income and then lists adjustments to net revenue in order to arrive at operating cash flows.
Shows the cash inflows and also outflows from operations such as cash obtained from customers and also cash passist for inventory, salaries, rent, interemainder and taxes.

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The capacity of reported earnings to reflect the company"s true earnings and the usefulness of reported income to help investors predict future income.
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Fundamentals of Financial Management, Concise Edition (with Thomson ONE)8th EditionEugene F. Brigham, Joel F Houston
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