ABSTRACT
The four purposes of this and the following two chapters are:
To illustrate the cash flow-market value-accruals accounting relationships, which are specified in chapter 1 and Appendix 1.A and partially illustrated in Appendix 1.B, by reference to the 1945–1990 financial performance of U.S. Nonfinancial Corporate Business.
To compare and contrast the 1945–1990 cash flow and accruals variables of the U.S. Nonfinancial Corporate Business sector.
To consider economic implications of the deviations between the cash flow and accruals variables of the Nonfinancial Corporate Business sector.
To measure and interpret the 1946–1990 financial performance of the Nonfinancial Corporate Business sector on a CF-MV basis in juxtaposition with that sector’s coterminous accruals accounting performance.
