1)What is a discounted cash flow analysis? What is meant by intrinsic value?

2. What is the time value of money? Why is it standard to use the weighted cost of capital (WACC) as the discount rate?

3. What are free cash flows, and how are they factored into the DCF? How do you arrive at the present value?

4)Walk us through the Enron Scandal as a case study to explain an example of improper revenue recognition and accounting practices.