The purpose of this series of articles is to identify the key "drivers" of the fundamental value of equity, and to show how the drivers determining future cash flows, and the "real value of a sample of" basic common shares outstanding. The series includes a technical note for each term is defined. Terms defined in the following way: invested capital (IC), capital expenditure (CAPEX), income, return on invested capital (ROIC), free cash flow (FCF), short-term and long-term growth and the growth of the horizon, and the advantage of the horizon. This is a brief introductory note to the series. "Hide
Carliss Y. Baldwin on 4 pages. Publication Date: August 1, 2000. Prod. #: 801121-PDF-ENG
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