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McGraw-Hill Ryerson © 2003 McGraw–Hill Ryerson Limited
Corporate Finance
Ross  Westerfield  Jaffe Sixth Edition
2
Chapter Two
Accounting Statements
and Cash Flow
Prepared by Gady Jacoby
University of Manitoba and
Sebouh Aintablian
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McGraw-Hill Ryerson © 2003 McGraw–Hill Ryerson Limited
Chapter Outline
2.1 The Balance Sheet
2.2 The Income Statement 2.3 Net Working Capital 2.4 Financial Cash Flow
2.5 Summary and Conclusions