Chap019 Financial Statement Analysis 博迪投资学教材.pptVIP

CHAPTER 19;Purpose Tools Used Statement analysis Ratio analysis Limitations;Balance Sheet Common Sized Trend or Indexed Income Statement Common Sized Trend or Indexed Statement of Cash Flows;Table 19.1 Consolidated Statement of Income for Hewlett-Packard, 2006;Table 19.2 Consolidated Balance Sheet for Hewlett-Packard, 2006 ;Profitability Measures;Table 19.4 Nodett’s Profitability over the Business Cycle ;Table 19.5 Impact of Financial Leverage on ROE;ROE, ROA and Leverage;ROE =;Table 19.6 Ratio Decomposition Analysis for Nodett and Somdett ;Table 19.7 Differences between Profit Margin and Asset Turnover across Industries ;Table 19.8 Growth Industries Financial Statements, 2004 – 2007 ($ thousands) ;Table 19.9 Summary of Key Financial Ratios:Leverage, Asset Utilization, Liquidity, Profitability and Market Price ;Figure 19.1 DuPont Decomposition for Hewlett-Packard;Table 19.10 Financial Ratios for Major Industry Groups ;Economic Value Added;Table 19.11 Economic Value Added, 2007;Table 19.12 Key Financial Ratios of Growth Industries, Inc ;Table 19.13 Growth Industries Statement of Cash Flows ($ thousands) ;Accounting Differences Inventory Valuation Depreciation Inflation and Interest Expense Fair Value Accounting Quality of Earnings International Accounting Conventions;International Accounting Differences;Figure 19.2 Adjusted Versus Reported Price-Earnings Ratios;The Graham Technique