個案資料
了解個案內容與學習目標,選擇授課教師及使用課程。
An Introduction to Equity Residual Cash Flow
內容大綱
This technical note introduces the concept of equity cash flow or equity residual cash flow. The note provides an explicit comparison between free cash flow and equity residual cash flow in the context of an acquisition of a fictional veterinary practice. At the Darden School of Business, this note is used in the elective course "Valuation in Financial Markets" and as an introduction to valuation based on equity cash flow.