chap019全财务报表分析.pptVIP

INVESTMENTS | BODIE, KANE, MARCUS INVESTMENTS | BODIE, KANE, MARCUS Copyright ? 2011 by The McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin CHAPTER 19 Financial Statement Analysis 财务报表分析 * 19-* Financial statement analysis can be used to discover mispriced securities. 可以被用于发现被错误定价的证券 Financial accounting data are widely available, but Accounting earnings and economic earnings are not always the same thing! 重要：会计盈利和经济盈利不总是一样的 Financial Statement Analysis财务报表分析 * 19-* Income Statement: 损益表 Profitability over time Balance Sheet: 平衡表 Financial condition at a point in time Stat