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What is the difference between book value and market value

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Reference no: EM132659936

Problem 1: What is the difference between book value and market value? Which should we use for decision-making purposes?

Problem 2: What is the difference between accounting income and cash flow? Which do we need to use when making decisions?

Problem 3: What is the difference between average and marginal tax rates? Which should we use when making financial decisions?

Problem 4: How do we determine a firm's cash flows? What are the equations, and where do we find the information?

Reference no: EM132659936

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