Read the article " How to Value Stocks" by clicking on the link below.

https://www.fool.com/how-to-invest/how-to-value-stocks-introduction-to-valuation-meth.aspx?source=isesitlnk0000001&mrr=1.00

Then choose "Cash Flow Based Valuations" or click on this link below:

https://www.fool.com/how-to-invest/how-to-value-stocks-cash-flow-based-valuations.aspx

Answers these questions using full sentences and in paragraphs.

Question 1: How does the Fool's school define cash flow?

Question 2: What is the school's reasoning for this definition?

Question 3: Per the school's instruction, why do analysts focus on earnings before interest and taxes (EBIT)?

Question 4: Name 3 things you learned from this exercise.