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Chapter 7 1. What four (4) financial statements appear in most annual reports? 2. What are some steps that must be taken when using ratio

Chapter 7

1. What four (4) financial statements appear in most annual reports?

2. What are some steps that must be taken when using ratio analysis? What is the most important aspect of ratio analysis?

3. What is free cash flow? Can a company have a negative free cash flow and still be considered successful?

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