Many investors ignore company accounts because they think they are too difficult. But, as the great investor Peter Lynch said "Investing without looking at the numbers is like playing bridge without looking at the cards." The mission of this book is to explain to ordinary investors, with no accounting knowledge, what to look for in a set of accounts and how to interpret what you find - so that you have an accurate 'health check' on a company in ten simple steps. Robert Leach considers the entire subject from an investor's point of view, by asking - and then answering - the questions which matter most. He also looks at the techniques which companies sometimes use to flatter their accounts, and shows how accounts for companies in different sectors have to be looked at differently. The 10 Crunch questions: 1. Is the company growing? 2. Are costs under control? 3. Does it make a profit? 4. How much cash does it have? 5. Is its market value supported by assets? 6. Is it using debt wisely? 7. Are there any hidden nasties? 8. Is management good enough? 9. Can I expect a reliable income? 10. Are there any threats to my interests?
Introduction to Financial Accounting
By RAJU NARISETTI Staff Reporter of THE WALL STREET JOURNAL Greeting card maker Gibson Greetings Inc. said it will restate ... Gibson's stock fell $ 2.25 , or 14 % , to $ 13.75 Friday in Nasdaq trading following the announcement , which ...
Gibson Greetings , Inc.'s experience in 1992 illustrates this potential vulnerability . For years , Gibson's largest customer was a drugstore chain operated by Phar - Mor , Inc. About 13 % of Gibson's 1991 sales were to this chain .
Core Concepts of Accounting Information Theme II : Accounting Issues Involving Income and Cash Flows SOLUTION TO ASSIGNMENT 11-3-1 Cost - Volume - Profit Analysis : The Fund - Raiser BUY AT $ 12 , SELL AT $ 20 BUY AT $ 12 , SELL AT $ 15 ...
You manufacture and sell jeans in several dozen countries throughout the world . Currently , your most profitable market is in Europe , where U.S. brand jeans are so popular that they sell at almost twice the selling price in the United ...
Recent accounting scandals have emphasized the need to consider ethics in a wide variety of accounting scenarios.
Financial Accounting for Undergraduates
The following information has been gathered pertaining to the first two years of operation since Mooney's purchase of Tripper Company stock : ( a ) Intercompany merchandise sales are summarized as follows : Merchandise Remaining in ...
... 13-15 Governmental accounting, 9 Gross profit method of estimating inventory, 321-22 Gross profit from sales, 161 Gross sales, 162 H-I Historical cost/constant dollar accounting, 605-10 Inadequacy of assets, 341 Income statement, ...
Beacon Advertising 205 Accts . Pay : -North Shore Auto 9 301 Maria Sanchez , Capital 10 302 Maria Sanchez , Withdrawals 11 303 Income Summary 12 401 Delivery Revenue 13 501 Advertising Expense 14 505 Maintenanco Punonen 15 510 Ren 16 ...