Useful Accounting Knowledge For Investors
Cash Flow, Operating Income and EBITDA as Measures of Profitability
Cash Flow – Often Discussed – Seldom Understood
Reported Net Income – Versus Adjusted or Normalized Net Income
The Accountant Versus the Analyst – Differing Views on Net Income
Why Amortization of Goodwill is not a real expense
The Dupont ROE Formula and How Companies Make Money For Investors