Fundamental Accounting Principles 22th Edition by John Wild ,Ken Shaw,Barbara Chiappetta

Exercise 34

Visit The Motley Fool 's website ( Fool.com ). Enter the Fool's School (at Fool.com/School ). Identify and select the link "How to Value Stocks." (This site might ask you to register with your email address; registration had been free and did grant access to articles on the site.)
Required
1. Click on "Introduction to Valuation Methods," and then "Cash-Flow-Based Valuations." How does the Fool's school define cash flow What is the school's reasoning for this definition
2. Per the school's instruction, why do analysts focus on earnings before interest and taxes (EBIT)
3. Visit other links at this website that interest you such as "How to Read a Balance Sheet," or find out what the "Fool's Ratio" is. Write a half-page report on what you find.