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discussion of the implications of key valuation models for the relative importance of earnings and cash flow information and (ii) a review and analysis of empirical research findings on the usefulness of earnings and cash flow information to investors. You should also analyse the earnings and cash flow performance of a company of your choice over at least a four year period and relate the results from this analysis to your arguments. Details of the relevant company data and your calculations and numerical analysis based on this data should be provided in an appendix.
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