第二章 会计报表与现金流量
Sources of Information
Annual reportsWall Street JournalInternetNYSE (www.nyse.com)Nasdaq (www.nasdaq.com)Text (www.mhhe.com/cj)SECEDGAR10K & 10Q reports
2.1 The Balance Sheet
An accountant’s snapshot of the firm’s accounting value as of a particular date.The Balance Sheet Identity is:
When analyzing a balance sheet, the financial manager should be aware of three concerns: accounting liquidity, debt versus equity, and value versus cost.