财务报表分析与证 券估值优质课件 (19).pptVIP

* * * * * * * * * * * * * * * * * * * * Strategic Income Statement: Microsoft Corporation 1 Included in investment income is the GAAP statement; details from footnotes. 2 Losses on investments draw a tax deduction. 3 Interest income is included in investment income in the GAAP statement. 4 With net financing income, financing activities draw further taxes rather than a tax benefit. 10-* Strategic Income Statement: Dell Inc. 10-* Value Added to Strategic Balance Sheets: Dell Inc. Dell’s strategic balance reports $9.032 billion in net financial assets: These add no value But value i