Who are some of the basic users of financial statements, and how do they use them?What is free cash flow? If you were an investor,Would it be possible for a company to report negative free cash flow and still be highly valued by investors; that is$,$ could a negative free cash flow ever be viewed optimistically by investors? Explain your answer.

How are management$$s actions incorporated in EVA and MVA? How are EVA and MVA interconnected?

Explain the following statement: $$Our tax rates are progressive$.$

What does double taxation of corporate income mean? Could income ever be subject to triple taxation? Explain your answer.

How does the deductibility of interest and dividends by the paying corporation affect the choice of financing $($i$.$e$.,$ the use of debt versus equity$)?$