The Stanford Video Guide to Financial Statements

Financial statements need not be an impenetrable web of numbers. Analysis can be both simple and logical. Whether you are an investor, lender, supplier, customer, or acquirer, basic financial analysis can save you painful losses and win you big profits. Professor George Parker provides both line-by-line explanations of the three key financial statements used by US companies and logical, common-sense approaches to interpreting what they reveal about value, profitability, and ability to pay bills. The Balance Sheet: What does this company own?; How much debt is it carrying?; How much money have investors put in? The Income Statement: What is the sales volume?; What kind of expense is the company incurring?; How much money is the company earning?; Which income figure should I look at: operating income, income before interest and taxes, or net income? The Cash Flow Statement: Will this company be able to pay its bills?; Where's their cash flow coming from? Includes free study guide and extra study guides are available for purchase.