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Cash Flow Statement:
Cash flow is a financial statement that summarizes an organizations sources and uses of cash over a specific period of period. Cash flow statements are commonly broken down to comprise detail on operations, financing movement, and investment movement of a rigid. Free cash flow is also calculated from these statements.
Carried Interest:
Carried interest is a venture capital firm's share of the earnings earn by a fund. In the US, the venture capital rigid usually earns 20 percent of the earnings after all investors have been repaid any principal investments.
Cartel:
Cartel is a group of sellers in a particular market that has banded together to influence the price of a products or service by control- ling the market provide. Although illegal in the United States as a violation of the Sherman Antitrust Act, cartels are not illegal in other kinds of the world and enjoy the economic advantages of exerting such power. One very celebrated example of a cartel is the Organization of Petroleum Exporting Countries (OPEC).
Suppose that the numbers in the table below shows the cost structure of a vertically integrated telecom incumbent, which is subject to price regulation at the consumer level, as we
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