Estimate a firm’s free cash flow and explain why free cash flow has such an important effect on firm value (CLO 1 and 3).

ULO 1- List each of the key financial statements and identify the kinds of information they provide to corporate managers and investors (CLO 2 and 3).

Estimate a firm’s free cash flow and explain why free cash flow has such an important effect on firm value (CLO 1 and 3).

List the five groups of ratios and identify, calculate, and interpret the key ratios in each group (CLO 3).

Identify the concept referenced in the article.

Explain how the concepts in the chapters for this unit are applied in the article.