2. a firm sold gold for $10 and has yet to collect from the customer. The cost is $9: Income statement: Accounting view: profit = 10-9=1 Corporate finance view: cash inflow = 0; cash outflow = -9. 3. the sole proprietorship I. it is the cheapest business to form. II. It pays no corporate income taxes. All profits of the business are taxed
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By Stephen Ross and Randolph Westerfield and Jeffrey Jaffe and Bradford Jordan ISBN10: 1259918947 ISBN13: 9781259918940 ... Stephen Ross. The late Stephen A. Ross was the Franco Modigliani Professor of Finance and Economics at the Sloan School of Management, Massachusetts Institute of Technology. ...
Corporate Finance Jeffrey Jaffe Corporate Finance, by Ross, Westerfield, Jaffe, and Jordan emphasizes the modern fundamentals of the theory of finance, while providing contemporary examples to make the theory come to life. The authors aim to present corporate finance as the working of a small number of integrated and powerful intuitions,
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