外文翻译企业并购财务报表分析.docVIP

CHANGCHUN INSTITUTE OF TECHNOLOGY 毕业设计(论文)外文资料翻译 原文题目：Enterprise merger and acquisition analysis of financial statements 中文题目： 企业并购财务报表分析 文献出处：《The modern enterprise financial management》「美」James C.Van Horne. 学生姓名： 崔忠楠 学院名称： 管理学院 专业名称： 财务管理 班级名称： 财务1041 学 号： 1009426139 指导教师： 洪筠 教师职称: 教授 学 历： 本科 2014 年 6月 6 日 外文原文 Enterprise merger and acquisition analysis of financial statements Corporate mergers and acquisitions have become a major form of capital operation. Enterprise use of this mode of operation to achieve the capital cost of the external expansion of production and capital concentration to obtain synergies, enhancing competitiveness, spread business plays a very important role. M A process involves a lot of financial problems and solve financial problems is the key to successful mergers and acquisitions. Therefore, it appears in merger analysis of the financial problems to improve the efficiency of M Finance has an important practical significance. We need to use financial ratios in analyzing financial statements.—— The analysis of comparative financial statements cannot be made really effective unless it takes the form of a study of relationships between items in the statements. It is of little value, for example, to know that, on a given date, the Smith Company has a cash balance of $1oooo. But suppose we know that this balance is only -IV per cent of all current liabilities whereas a year ago cash was 25 per cent of all current liabilities. Since the bankers for the company usually require a cash balance against bank lines, used or unused, of 20 per cent, we can see at once that the firms cash condition is exhibiting a questionable tendency. Saving transaction costs. M A market is esse