November 2009
Beginner
368 pages
11h 24m
English
Before analyzing the three main techniques used to calculate equity value, it is necessary to define the basic financial and economic elements of a company: the balance sheet, the profits and losses statement, the financial statement, and the cost of capital.
The first element is the balance sheet as seen in Figure 13.1.

The left side of the balance sheet includes all of the company assets divided into: