读懂财务报表

Preface Acknowledgments CHAPTER 1 Financial Statements: An Overview Map or Maze Organization Usefulness Volume of Information The Financial Statements Notes to the Financial Statements Auditor's Report Other Required Infonnation Pandora (a.k.a. "PR Fluff") Complexity Alphabet Soup Mythical Mountain Quality of Financial Reporting Accounting Policies, Estimates-Choices and Changes Timing ofRevenue and Expense Recognition Discretionary Items Nonrecurring and Nonoperating Items Impact of Inflation Missing and Hard-to-Finct information Self-Test Study Questions and Problems La-Z-Boy Mini-Case Chambers Development Company, Inc. Mini-Case CHAPTER 2 The Balance Sheet Financial Condition Consolidation Balance Sheet Date Comparative Data Assets Current Assets Cash and Marketable Securities Accounts Receivable Inventories Inventory Accounting Methods Prepaid Expenses Property, Plant, and Equipment Other Assets Liabilities Current Liabilities Accounts Payable Notes Payable Current Maturities ofLong-Term Debt Accrued Liabilities Unearned Revenue or Deferred Credits Deferred Federal Ihcome Taxes Long-Term Debt Other Liabilities Stockholders' Equity Common Stock Additional Paid-In Capital Retained Earnings Other Equity Accounts Other Balance Sheet Items Self-Test Study Questions and Problems Intel Corporation Mini-Case The Rival Company Mini-Case CHAPTER 3 The Income Statement and Statement of Retained Eamings The Income Statement Net Sales Cost of Goods Sold Gross Profit Operating Expense Depreciation and Amortization Operating Profit Other Income (Expense) Earnings Before Income Taxes Net Earnings Earnings per Common Share The Statement of Retained Earnings Statement of Shareholders' Equity Other Issues-Cost vs. Equity Method Earnings Quality, Inflation, Cash Flow, Segmental Accounting Self-Test Study Questions and Problems Time Warner Mini-Case IBM Corporation Mini-Case CHAPTER 4 Statement of Cash Flows Preparing a Statement of Cash Flows Calculating Cash Flow from Operating Activities Direct Method Indirect Method Cash Flow from Investing Activities Cash Flow from Financing Activities Change in Cash Analyzing the Statement of Cash Flows Cash Flow from Operations Nocash Corporation Help from a Statement of Cash Flows Summary Analysis ofthe Statement ofCash Flows Supplement to Chapter 4: Adjusting Net Income from Accrual to Cash- An Illustration Self-Test Study Questions and Problems PetsMart Mini-Case Royal Appliance Mfg. Co. and Subsidiaries Mini-Case CHAPTER 5 The Analysis of Financial Statements Objectives of the Analysis Sources of Information Auditor's Report Management's Discussion andAnalysis Supplementary Schedules Form lO-K and Form lO-Q Other Sources Tools and Techniques Common Size Financial Statements Key Financial Ratios Liquidity Ratios: Short-Term Solvency Activity Ratios:Asset Liquidity, Asset Management Efficiency Leverage Ratios: Debt Financing and Coverage Profitability Ratios: Overall Efficiency and Performunce Analyzing the Data Background: Economy, Industry, and Firm Short-Term Liquidity Net Trade Cycle Capital Structure and Long-Term Solvency Example ofFinancial Leverage Operating Efficiency and Profitability Ratio Analysis Summary Projections, Pro Formas, and MarKet Ratios Summary ofAnalysis Map Self-Test Study Questions and Problems First Team Sports, Inc. Mini-Case L.A. Gear, Inc. Mini-Case Appendixes A A Guide to Earnings Quality B The Analysis of Segmental Data C Understanding Bank Financial Statements D Solutions to Self-Tests E Summary of Financial Ratios F Glossary Index