000 14594cam a2202845Ii 4500
001 2499
008 981222s20002000nyua b 001 0 eng
020 _a0070945047 (hardback)
040 _aMEF
_beng
_erda
049 _aTR-IsMEF
050 0 0 _aHF5681.B2
_bB47 2000
100 1 _aBernstein, Leopold A.,
_eauthor.
245 1 0 _aAnalysis of financial statements /
_bLeopold A. Bernstein, John J. Wild.
250 _aFifth edition.
264 1 _aNew York :
_bMcGraw-Hill,
_c2000.
264 4 _a©2000
300 _a1 volume (various pagings) :
_billustrations ;
_c24 cm.
336 _atext
_2rdacontent
337 _aunmediated
_2rdamedia
338 _avolume
_2rdacarrier
504 _aIncludes bibliographical references and index.
520 _aTurn financial statements into powerful allies in your decision making Whether you're an investor, creditor, consultant, regulator, manager-or an employee concerned about your company's well-being and the stability of your job-the ability to successfully interpret and analyze financial statements gives you a leg up in today's rough-and-tumble marketplace. Analysis of Financial Statements, Fifth Edition, by Leopold A. Bernstein and John J. Wild, gives you every practical, up-to-date method for making the data in financial statements clear and meaningful. You get analytical tools that range from computation of ratio and cash flow measures to earnings prediction and valuation as you learn how to reconstruct the economic reality embedded in financial statements. User-friendly and engaging, this hands-on classic is loaded with graphs, charts, and tables, so you can see how topics relate to the business practices of actual companies. A concluding comprehensive case analysis of the Campbell Soup Company gives shape and color to the author's step-by-step lessons.
596 _a1
650 0 _aFinancial statements.
700 1 _aWild, John J.,
_eauthor.
856 4 2 _3Contributor biographical information
_zContributor biographical information
_uhttps://www.loc.gov/catdir/bios/mh041/98056045.html
856 4 2 _3Publisher description
_zPublisher description
_uhttps://www.loc.gov/catdir/description/mh023/98056045.html
856 4 1 _3Table of contents
_zTable of contents
_uhttps://www.loc.gov/catdir/toc/mh022/98056045.html
856 4 2 _3Contributor biographical information
_zContributor biographical information
_uhttps://www.loc.gov/catdir/bios/mh041/98056045.html
856 4 2 _3Publisher description
_zPublisher description
_uhttps://www.loc.gov/catdir/description/mh023/98056045.html
856 4 1 _3Table of contents
_zTable of contents
_uhttps://www.loc.gov/catdir/toc/mh022/98056045.html
900 _aMEF Üniversitesi Kütüphane katalog kayıtları RDA standartlarına uygun olarak üretilmektedir / MEF University Library Catalogue Records are Produced Compatible by RDA Rules
910 _aPandora
942 _2lcc
_cBKS
970 1 2 _tPart one Financial statement analysis and reporting,
_p1.
970 1 2 _tChapter one Overview of financial statement analysis,
_p3.
970 1 2 _tFocus on analysis: adaptec,
_p6.
970 1 2 _tUsers of financial statements,
_p8.
970 1 2 _tBusiness activities in a market economy,
_p9.
970 1 1 _tPlanning activities,
_p9.
970 1 1 _tFinancing activities,
_p11.
970 1 1 _tInvesting activities,
_p14.
970 1 1 _tOperating activities,
_p15.
970 1 2 _tFinancial statements capture business activities,
_p16.
970 1 1 _tBalance sheet,
_p18.
970 1 1 _tIncome statement,
_p19.
970 1 1 _tStatement of shareholders' equity,
_p20.
970 1 1 _tStatement of cash flows,
_p21.
970 1 1 _tLinks between financial statements,
_p22.
970 1 2 _tInformation accompanying financial statements,
_p26.
970 1 1 _tManagement's discussion and analysis (MD&A),
_p26.
970 1 1 _tManagement report,
_p26.
970 1 1 _tAuditor report,
_p27.
970 1 1 _tExplanatory notes,
_p27.
970 1 1 _tSupplementary information,
_p28.
970 1 1 _tSocial responsibility reports,
_p29.
970 1 1 _tProxy statements,
_p29.
970 1 2 _tPreview of financial statement analysis,
_p30.
970 1 1 _tBuilding blocks of analysis,
_p31.
970 1 1 _tComparative financial statement analysis,
_p32.
970 1 1 _tCommon-size financial statement analysis,
_p37.
970 1 1 _tRatio analysis of financial statements,
_p40.
970 1 1 _tSpecialized analysis tools,
_p45.
970 1 2 _tFinancial statement analysis in an efficient capital market,
_p45.
970 1 1 _tCapital market efficiency,
_p45.
970 1 1 _tMarket efficiency implications for financial statement analysis,
_p45.
970 1 2 _tPreview of this book's organization,
_p48.
970 1 1 _tAppendix 1A investment theory and financial statement analysis,
_p52.
970 1 2 _tChapter two Analysis objectives and financial reporting,
_p57.
970 1 2 _tObjectives of financial statement analysis,
_p59.
970 1 1 _tCreditors,
_p59.
970 1 1 _tEquity investors,
_p62.
970 1 1 _tManagement,
_p66.
970 1 1 _tAuditors,
_p67.
970 1 1 _tDirectors,
_p68.
970 1 1 _tMergers and acquisition analysis,
_p68.
970 1 1 _tRegulators,
_p69.
970 1 1 _tOther important users,
_p69.
970 1 2 _tAccounting information: basis of analysis,
_p69.
970 1 1 _tAccounting measurement and reporting of business activity,
_p70.
970 1 1 _tRelevance of accounting information,
_p71.
970 1 1 _tInformation environment for financial statement analysis,
_p73.
970 1 2 _tAccounting principles and limitations,
_p74.
970 1 1 _tMonetary expression,
_p74.
970 1 1 _tSimplification and summarization,
_p74.
970 1 1 _tJusgment and incentives,
_p74.
970 1 1 _tInterim disclosures and estimates,
_p76.
970 1 1 _tHistorical cost measurement,
_p77.
970 1 1 _tUnstable monetary unit,
_p77.
970 1 1 _tNeed to understand accounting measurements and disclosures,
_p77.
970 1 1 _tImplications of accounting risk,
_p79.
970 1 2 _tAdditional analysis techniques,
_p80.
970 1 1 _tReconstruction of business activities and transactions,
_p80.
970 1 1 _tIndirect evidence and evaluation,
_p82.
970 1 1 _tIndustry comparability analysis of financial statements,
_p85.
970 1 1 _tAnalytical use of accounting standards and assumptions,
_p85.
970 1 1 _tTraditional market measures,
_p88.
970 1 1 _tAppendix 2A: accounting principles underlying financial statements,
_p90.
970 1 1 _tAppendix 2B: additional tools and sources for financial statement analysis,
_p102.
970 1 2 _tPart two Financial analysis application and interpretation,
_p109.
970 1 2 _tChapter three Short-term liquidity,
_p111.
970 1 2 _tImportance of short-term liquidity,
_p113.
970 1 2 _tAnalyzing working capital,
_p114.
970 1 1 _tCurrent assets,
_p115.
970 1 1 _tCurrent liabilities,
_p117.
970 1 1 _tWorking capital measure of liquidity,
_p118.
970 1 1 _tCurrent ratio measure of liquidity,
_p118.
970 1 1 _tUsing the current ratio for analysis,
_p122.
970 1 1 _tCash-based ratio measures of liquidity,
_p129.
970 1 2 _tOperating activity analysis of liquidity,
_p130.
970 1 1 _tAccounts receivable liquidity measures,
_p130.
970 1 1 _tInventors turnover measures,
_p135.
970 1 1 _tLiquidity of current liabilities,
_p140.
970 1 2 _tAdditional short-term liquidity measures,
_p142.
970 1 1 _tCurrent assets composition,
_p142.
970 1 1 _tLiquidity index,
_p143.
970 1 1 _tAcid-test (quick) ratio,
_p144.
970 1 1 _tCash flow measures,
_p145.
970 1 1 _tFinancial flexibility,
_p145.
970 1 1 _tManagement's discussion and analysis,
_p146.
970 1 2 _tWhat-if analysis,
_p146.
970 1 2 _tChapter four Forecasting and pro forma analysis,
_p151.
970 1 2 _tCash flow patterns,
_p153.
970 1 2 _tShort-term cash forecasting,
_p154.
970 1 1 _tImportance of forecasting sales,
_p155.
970 1 1 _tCash flow forecasting with pro forma analysis,
_p155.
970 1 2 _tLong-term cash forecasting,
_p162.
970 1 1 _tAnalysis of prior cash flows for forecasting,
_p163.
970 1 1 _tForecasting sources and uses of cash flows,
_p167.
970 1 2 _tSpecialized cash flow ratios,
_p172.
970 1 1 _tCash flow adequacy ratio,
_p172.
970 1 1 _tCash reinvestment ratio,
_p173.
970 1 2 _tChapter five Capital structure and solvency,
_p176.
970 1 2 _tKeys to solvency analysis,
_p178.
970 1 2 _tImportance of capital structure,
_p179.
970 1 1 _tCharacteristics of debt and equity,
_p181.
970 1 1 _tMotivation for debt capital,
_p182.
970 1 1 _tMeasuring effects of financial leverage,
_p186.
970 1 2 _tAccounting implications for capital structure analysis,
_p188.
970 1 1 _tAdjustments to book values of liabilities,
_p189.
970 1 1 _tAdjustments to book values of assets,
_p193.
970 1 2 _tCapital structure composition and solvency,
_p195.
970 1 1 _tLong-term projections in analyzing solvency,
_p196.
970 1 1 _tCommon-size statements in solvency analysis,
_p197.
970 1 1 _tCapital structure measures for solvency analysis,
_p198.
970 1 1 _tInterpretation of capital structure measures,
_p202.
970 1 2 _tAsset-based measures of solvency,
_p203.
970 1 1 _tAsset composition in solvency analysis,
_p203.
970 1 1 _tAsset coverage in solvency analysis,
_p204.
970 1 1 _tImportance of earnings coverage,
_p205.
970 1 1 _tRelation of earnings to fixed charges,
_p205.
970 1 1 _tTimes interest earned analysis,
_p214.
970 1 1 _tRelation of cash flow to fixed charges,
_p214.
970 1 1 _tEarnings coverage of preffered dividends,
_p218.
970 1 1 _tInterpreting earnings coverage measures,
_p219.
970 1 2 _tCapital structure risk and return,
_p221.
970 1 1 _tAppendix 5A rating debt obligations,
_p223.
970 1 1 _tAppendix 5B predicting financial distress,
_p229.
970 1 1 _tAppendix 5C analytical adjustments to the long-term debt to equity ratio,
_p231.
970 1 2 _tChapter six Return on invested capital,
_p234.
970 1 2 _tImportance of return on invested capital,
_p236.
970 1 1 _tMeasuring managerial effectiveness,
_p237.
970 1 1 _tMeasuring priftability,
_p237.
970 1 1 _tMeasure of forecasted earnings,
_p237.
970 1 1 _tMeasuring for planning and control,
_p237.
970 1 2 _tComponents of return on invested capital,
_p238.
970 1 1 _tDefining invested capital,
_p238.
970 1 1 _tDefining income,
_p243.
970 1 1 _tAdjustments of invested capital and income,
_p244.
970 1 1 _tComputing return on invested capital,
_p244.
970 1 2 _tAnalyzing return on assets,
_p247.
970 1 1 _tDisaggregating return on assets,
_p248.
970 1 1 _tRelation between profit margin and asset turnover,
_p249.
970 1 1 _tAsset turnover analysis,
_p253.
970 1 2 _tAnalyzing return on common equity,
_p256.
970 1 1 _tDisaggregating return on common equity,
_p257.
970 1 1 _tComputing return on invested capital,
_p260.
970 1 1 _tAssessing growth in common equity,
_p263.
970 1 1 _tFinancial leverage and return on common equity,
_p263.
970 1 1 _tReturn on common shareholders' equity versus investment,
_p266.
970 1 2 _tChapter seven Profitability analysis,
_p270.
970 1 2 _tAnalyzing company profitability,
_p272.
970 1 1 _tFactors in measuring company income,
_p273.
970 1 1 _tTwo-phase analysis of income,
_p275.
970 1 2 _tAnalyzing company revenues,
_p276.
970 1 1 _tMajor sources of revenues,
_p276.
970 1 1 _tPersistence of revenues,
_p283.
970 1 1 _tRelations between revenues, receivables, and inventories,
_p285.
970 1 1 _tRevenue recognition and measurement,
_p286.
970 1 2 _tAnalyzing company expenses,
_p291.
970 1 1 _tSelling expenses,
_p292.
970 1 1 _tDepreciation expense,
_p295.
970 1 1 _tMaintenance and repairs expenses,
_p295.
970 1 1 _tAmortization of special costs,
_p296.
970 1 1 _tGeneral and administrative expenses,
_p296.
970 1 1 _tFinancial and other expenses,
_p296.
970 1 1 _tIncome tax expenses,
_p298.
970 1 1 _tVariation analysis of income and its components,
_p305.
970 1 2 _tBreak-even analysis,
_p305.
970 1 1 _tBreak-even analysis case,
_p307.
970 1 1 _tLimitations in break-even analysis,
_p312.
970 1 1 _tUses and implications of break-even analysis,
_p313.
970 1 2 _tChapter eight Earning-based analysis and valuation,
_p322.
970 1 2 _tEarnings quality,
_p324.
970 1 1 _tMeasuring earnings quality,
_p325.
970 1 1 _tBalance sheet analysis and earnings quality,
_p331.
970 1 1 _tExternal factors and earnings quality,
_p334.
970 1 2 _tEarnings persistence,
_p334.
970 1 1 _tRecasting and adjusting earnings for analysis,
_p335.
970 1 1 _tDeterminants of earnings persistence,
_p341.
970 1 1 _tPersistence of extraordinary items in earnings,
_p344.
970 1 2 _tEarnings-based valuation,
_p350.
970 1 1 _tRelation between stock prices and accounting data,
_p352.
970 1 1 _tFundamental valuation multiples,
_p353.
970 1 2 _tEarning power and forecasting for valuation,
_p356.
970 1 1 _tIllustration of earnings-based valuation,
_p358.
970 1 1 _tEarning power,
_p358.
970 1 1 _tEarnings forecasting,
_p360.
970 1 2 _tInterim reports for monitoring and revising earnings estimates,
_p364.
970 1 2 _tComprehesive case: applying financial statement analysis,
_pCC1.
970 1 2 _tSteps in analyzing financial statements,
_pCC3.
970 1 2 _tBuilding blocks of financial statement analysis,
_pCC5.
970 1 2 _tReporting on financial statement analysis,
_pCC6.
970 1 2 _tSpecialization in financial statement analysis,
_pCC8.
970 1 2 _tComprehensive case: Campbell Soup Company,
_pCC8.
970 1 1 _tPreliminary financial analysis,
_pCC8.
970 1 1 _tShort-term liquidity,
_pCC19.
970 1 1 _tCash-flow analysis and forecasting,
_pCC23.
970 1 1 _tCapital structure and solvency,
_pCC35.
970 1 1 _tReturn on invested capital,
_pCC38.
970 1 1 _tAnalysis of asset utilization,
_pCC42.
970 1 1 _tAnalysis of operating performance and profitability,
_pCC43.
970 1 1 _tSummary evaluation and inferences,
_pCC46.
970 1 2 _tSupplement A financial statements,
_pA1.
970 1 1 _tAdapte, Inc.,
_pA2.
970 1 1 _tCampbell Soup Company,
_pA32.
970 0 1 _aInterest tables,
_p11.
970 0 1 _aIndex,
_pIN1.
999 _c11749
_d11749
003 KOHA