Lecture Fundamentals of corporate finance - Chapter 3: Working with financial statements
Lecture Fundamentals of corporate finance - Chapter 3: Working with financial statements
After studying this chapter, you should understand: How to standardize fi nancial statements for comparison purposes; how to compute and, more importantly, interpret some common ratios; the determinants of a fi rm’s profi tability; some of the problems and pitfalls in fi nancial statement analysis.