[eBook Code] How to Read a Financial Report (eBook Code, 9th)

List of Exhibits vii

Preface to the Ninth Edition ix

Part One—Fundamentals

1 Starting with Cash Flows 3

2 Two Bedrock Financial Statements 11

3 Reporting Cash Flows 21

4 Fitting Together Financial Statements 27

Part Two—Connections

5 Sales Revenue and Accounts Receivable 37

6 Cost of Goods Sold Expense and Inventory 43

7 Inventory and Accounts Payable 49

8 Operating Expenses and Accounts Payable 55

9 Operating Expenses and Prepaid Expenses 61

10 Depreciation Expense and Property, Plant, and Equipment 67

11 Accruing Liability for Unpaid Expenses 77

12 Income Tax Expense and Its Liability 83

13 Net Income and Retained Earnings, and Earnings per Share (EPS) 89

14 Cash Flow from Operating (Profit-Seeking) Activities 97

15 Cash Flows from Investing and Financing Activities 107

Part Three—Using Financial Statements

16 Footnotes and Management Discussions 117

17 Financial Statement Ratios and Analysis 129

18 Financial Engineering 147

19 CPAs and Financial Reports 155

20 Basic Questions, Basic Answers 163

About the Authors 179

Index 181