Question 1 5 pts Which of the following best describes the order of process that an analyst would use to determine the value of a company? Historical financial statement analysis, pro forma model, NPV Historical pro forma, financial statement model, DCF Pro forma, financial statements, CFO DCF, financial statement analysis, terminal value Question 2 5 pts Why might an analyst prefer to look at the line-item called Cash Flow from Operations when determining the valuation of a company? Cash flow from operations eliminates accounting formalities to generate a better metric in terms of the cash generated from the company's business operations CFO is created by the Chief Financial Officer so it's more reliable Cash flow from operations converts information from the income statement into a more usable format because it eliminates the tax liabilities Cash flow from operations includes investment capital and capital expenditures, which makes for a more reliable metric to measure performance