Financial reports provide vital information to investors, lenders,and managers. This chapter from the seventh edition of How toRead a Financial Report offers a plain-English user's guide tofinancial reports. The book helps you get a sure-handed grip on theprofit, cash flow, and financial condition of any business. Thischapter delves into:
* External income statements
* Comparing Equal Percent changes
* Reporting operating expenses
* Analyzing a management profit report
* Making changes in the profit equation
* Determining the breakeven point
John A. Tracy
Finance & Investments Finanz- u. Anlagewesen Finanzwesen