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Week 2

The topic for discussion this week is: Cash Flow and
Taxes

1. How does net cash flow differ from net income and
why is that difference relevant to financial decision making?

2. What are the major reasons for accounting
scandals (WorldCom, Enron, etc.)? How do firms attempt to meet Wall Street analysts’
projection of earnings?

Don’t forget to respond to the postings of other
students!

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