1. Differentiate between accounting and finance by explaining two clear distinct

1. Differentiate between accounting and finance by explaining two clear distinctions in how performance is measured. (pp. 53-54)
2. Distinguish between EBIT and EBITDA, then explain why EBITDA can be more relevant to some companies than others. (pp. 55-57)
3. Name and briefly describe the three parts included in a statement of cash flows. (pp. 56-58)
5. Name three reasons why free cash flows have become one of the most important measures of economic performance in finance. (pp. 64-66)