2-1 CHAPTER 2 Financial Statements Cash Flow, and Taxes ■Ba| ance sheet ■ Income statement Statement of cash flows Accounting income versus cash flow MVAand Eva ■ Persona| taxes Corporate taxes Copy right C 2002 by Harcourt, Inc. All rights reserved2 - 1 Copyright © 2002 by Harcourt, Inc. All rights reserved. ◼Balance sheet ◼Income statement ◼Statement of cash flows ◼Accounting income versus cash flow ◼MVA and EVA ◼Personal taxes ◼Corporate taxes CHAPTER 2 Financial Statements, Cash Flow, and Taxes