Financial Statement Analysis Workbook

Whether you’re evaluating a company’s stock price, assessing its credit quality, or determining valuations for a merger or acquisition, deciphering the messages embedded within a company’s financial statements is critical – especially after the demise of so-called “solid” companies. This workbook should help readers do this and much more, by allowing you to hone your skills and test the knowledge you’ve gained from reading “Financial Statement Analysis”, third edition. Question-and-answer sections within this workbook correspond to each chapter of “Financial Statement Analysis”, third edition, so you can use this guide in conjunction with the actual text. Alternatively, you can use the self-administered tests that are also a part of this workbook to independently practice the skill of reading and understanding financial statements. Either way, using the “Financial Statement Analysis Workbook” should help you expand your skills in reading and analyzing financial statements – so you can successfully put your hard-won knowledge to work in the real world.

Author Biography

MARTIN FRIDSON is Managing Director at Merrill Lynch & Companyand a member of Institutional Investor s All-America Fixed IncomeResearch Team. His other books include How to Be a Billionaire, ItWas a Very Good Year, and Investment Illusions, all published byWiley. He is a past governor of the Association for InvestmentManagement and Research.

FERNANDO ALVAREZ is Clinical Associate Professor in the BerkleyCenter for Entrepreneurial Studies at the Stern School of Businessat NYU. His current research focuses on the management of cashflows resulting from changes in working capital requirements, thestructure of cash flows, and the sources and uses of capital forthe entrepreneurial firm. His research has been funded by theMacArthur Foundation, the Kaufman Foundation, U.S. Trust of Boston,and Wells Fargo Bank.