How to Read a Financial Report Workbook: Wringing Vital Signs Out of the Numbers (Paperback)

List of Exhibits vii

Preface xiii

Part One?A Refresher Course in the Basics

1 Starting with the Language of Finance and Cash Flows 3

2 A Refresher on the Big Three Financial Statements 17

3 Taking a Deeper Dive into the Statement of Cash Flows 33

4 Connecting the Financial Statements by Business Cycle 47

Part Two?Diving Deeper into Our Case Study

5 Our Case Study?Same Business, Three Different Pictures 63

6 Accounts Receivable: A Closer Examination 79

7 Inventory: An Asset Ripe for Errors 93

8 Long-Term Assets, Useful Lives, and Non-cash Expenses 111

9 Other Current Liabilities: A Breeding Ground for Abuse 125

10 Bringing It All Together with Cash 139

Part Three?Financial Analysis and Bonus Material

11 Financial Statement Ratios and Analysis: Strength 155

12 Financial Statement Ratios and Analysis: Performance 169

13 How to Manufacture Cash from the Balance Sheet 187

14 Net Profits and Cash Flow: Real or Imaginary 199

15 Deciphering the Cap Table and Cap Stack 211

About the Author 223

Index 225