Page 56 - FINAL CFA I SLIDES JUNE 2019 DAY 7
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Session Unit 7:
26. Understanding Cash Flow Statements
LOS 26.h: Analyze and interpret both reported and common-size cash flow statements, p.118
OCS –stable relationship between OCF and net income is an indication of quality of earnings
ICF – use of cash towards capex is good, generating cash flows that exceeds capex is good!
FCF – Was say debt issued and proceeds used to acquire stock or pay dividends?
tanties
