9781697218039-1697218032-Beginner's Guide to Understanding Financial Statements and Financial Ratios: 2020 Edition (R-Rated Education)

Beginner's Guide to Understanding Financial Statements and Financial Ratios: 2020 Edition (R-Rated Education)

ISBN-13: 9781697218039
ISBN-10: 1697218032
Author: Borosky MBA, Paul
Publication date: 2019
Publisher: Independently published
Format: Paperback 112 pages
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Book details

ISBN-13: 9781697218039
ISBN-10: 1697218032
Author: Borosky MBA, Paul
Publication date: 2019
Publisher: Independently published
Format: Paperback 112 pages

Summary

Acknowledged authors Borosky MBA, Paul wrote Beginner's Guide to Understanding Financial Statements and Financial Ratios: 2020 Edition (R-Rated Education) comprising 112 pages back in 2019. Textbook and eTextbook are published under ISBN 1697218032 and 9781697218039. Since then Beginner's Guide to Understanding Financial Statements and Financial Ratios: 2020 Edition (R-Rated Education) textbook was available to sell back to BooksRun online for the top buyback price or rent at the marketplace.

Description

Reading and understanding financial statements and financial ratios is a critical skill needed by investors, finance students, accounting students, and business students. Without this skill, investors are left with selecting stocks based on ‘water-cooler’ conversations or because they like the company name — not a great foundation to build a retirement portfolio. As for students, without a solid foundation with understanding financial statements, specifically, the income statement and balance sheet, and financial ratios, passing basic business courses will prove exceptionally difficult.This leads to the purpose of the book. This book was written to teach investors, business students, finance students, and accounting students about basic and advanced accounting and finance concepts and to apply the concepts in analyzing five consecutive years' of financial statements and financial ratios.Book and Chapter StructuresThis book was structured to help investors and students quickly and efficiently learn to read, understand, and use a company’s income statement, balance sheet, and popular financial ratios for financial analysis and investment purposes. Financial Statements – The income statement and balance sheet sections start with a brief explanation of each financial statement. With this foundation set, I then define, graph, and offer analysis tips and examples for each financial statement line item, such as revenues and long-term debt. Financial Ratios – This section starts with showing formulas for popular financial ratios and also calculated financial ratios for five years, based on our example financial statements provided. Each financial ratio is then defined, formulas provided, calculations for the ratios illustrated, financial analysis tips offered, ratios graphed, covering a five-year time frame, in most cases, and brief analysis of the ratios.Important financial ratios defined, calculated, and analysis tips offered includes the current ratio, cash ratio, quick ratio, net working capital ratio, total asset turnover ratio, fixed asset turnover ratio, days sales outstanding, inventory turnover, accounts receivable turnover, working capital turnover, accounts payable turnover, return on assets, return on equity, profit margin, gross profit margin, and several more.In the end, hopefully, you will have a better understanding of financial statements and financial ratios in general.

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