2-1. A company's financial statements consist of the balance sheet, income statement, and statement of cash flows.
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2-1. A company's financial statements consist of the balance sheet, income statement, and statement of cash flows. .
a. Describe the nature of the balance sheet and the income statement.
b. Why have we not used the conventional statement of cash flows in our presentation, computing instead what we call free cash flows?
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Related Book For 
Financial Management Principles And Applications
ISBN: 9780131450653
10th Edition
Authors: Arthur J. Keown, J. William Petty, John D. Martin, Jr. Scott, David F.
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