Define each of the following terms:
a. Annual report; balance sheet; income statement
b. Common stockholders’ equity, or net worth; retained earnings
c. Statement of stockholders’ equity; statement of cash flows
d. Depreciation; amortization; EBITDA
e. Operating current assets; operating current liabilities; net operating working capital; total net operating capital
f. Accounting profit; net cash flow; NOPAT; free cash flow
g. Market Value Added; Economic Value Added
h. Progressive tax; taxable income; marginal and average tax rates
i. Capital gain or loss; tax loss carryback and carryforward
j. Improper accumulation; S corporation