ch03 Financial analysis 和补充.pptVIP

CHAPTER 3Analysis of Financial Statements;Analysis of Financial Statements;Balance Sheet: Assets;Balance sheet: Liabilities and Equity;Income statement;Other data;Why are ratios useful?;Five major categories of ratios;;;What are the five major categories of ratios, and what questions do they answer?;Calculate D’Leon’s forecasted current ratio for 2003.;Comments on current ratio;What is the inventory turnover vs. the industry average?;Comments on Inventory Turnover;DSO is the average number of days after making a sale before receiving cash.;Appraisal of DSO;Fixed asset and total asset turnover ratios vs. the industry average;Evaluating the FA turnover and TA turnover ratios;Calculate the debt ratio, TIE, and EBITDA coverage ratios.;Calculate the debt ratio, TIE, and EBITDA coverage ratios.;;How do the debt management ratios compare with industry averages?;Profitability ratios: Profit margin and Basic earning power;Appraising profitability with the profit margin and basic earning power;Profitability ratios: Return on assets and Return on equity;Appraising profitability with the return on assets and return on equity;Effects of debt on ROA and ROE;Problems with ROE;Calculate the Price/Earnings, Price/Cash flow, and Market/Book ratios.;Calculate the Price/Earnings, Price/Cash flow, and Market/Book ratios.;Analyzing the market value ratios;Extended DuPont equation: Breaking down Return on equity;Trend analysis and Benchmarking;The Du Pont system;Trend analysis;Potential problems and limitations of financial ratio analysis;More issues regarding ratios;Qualitative factors to be considered when evaluating a company’s future financial performance;Some supplementary knowledge on financial report;Balance sheet ;;;Long-term Liability and Owner’s equity ;Classification of Cash flows;我国财务会计相应处理;购买商品接受劳务的现金流出;主要的调整分录;examining the income statement and the changes;Cash paid for Purchases of merchandise;Cash payments for Expenses ;Reporting Operating Cash flows: The Direct and