What a company income statement reveals is interesting

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Problem 1: Comment on the statement that what a company's income statement reveals is interesting. but what it conceals is vital.

Problem 2: Why are non-GAAP financial measures used by many investors and analysts?

Problem 3: Do you agree with each of the following statements? Explain.

  1. EBITDA makes companies with asset-heavy balance sheets look healthier than they may actually be.
  2. EBITDA portrays a company's debt serviceability- but only some types of debt.
  3. EBITDA isn't a determinant of cash flow at all.

Reference no: EM132729968

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