The will may provide that testator’s spouse shall be presumed to have survived the testator if both should die in a common disaster under circumstances that make it uncertain who died first. If the will does not contain such a simultaneous death clause, Oklahoma’s statute (Title 58, Oklahoma Statutes Annotated, Section 1001) directs that in [...]
Archive of posts tagged cash
Financial Statements
We already know that the value of our firm is determined by its underlying projects. We already know that these projects have cash flows that we use in our NPV analyses. So, why should you bother with learning about what companies say in their financials? A rose is a rose is a rose, isn’t it? [...]