Contents

Introduction ......................................................................... 7
1. Financial Statements:
Who Needs Them........................................................... 9
2. Understand the Income Statement ............................... 17
3. Understand the Balance Sheet ...................................... 27
4. Understand the Cash-Flow Statement .......................... 37
5. Financial Analysis:
Number-Crunching for Profit ...................................... 45
6. Inventory Valuation
(Or, What’s It Worth?) ................................................... 67
7. Depreciation .................................................................. 77
Glossary .............................................................................. 85
Index .................................................................................. 93