Title: Understanding balance sheets /
Authors: Friedlob, G. Thomas; Plewa, Franklin James, 1949-
Publisher: Wiley,
Year: 1996
Subjects: Financial statements; Accounting
Abstract: As statements of a company's financial condition, balance sheets contain information vital to owners, investors, and financial managers who are charged with assessing company performance. Often complex and difficult to interpret, balance sheets are nonetheless essential because they help pinpoint business problem areas. Understanding Balance Sheets explains in a clear and concise manner all the major aspects of this important business tool, making it yours to implement easily and successfully.
Contents: Accounting and the balance sheet -- Understanding the balance sheet -- Basic accounting principles -- Current assets: receivables and prepaids -- Valuing inventories -- Noncurrent assets: investments -- Noncurrent assets: long-lived productive assets -- Noncurrent assets: natural resources -- Noncurrent assets: intangibles -- Other noncurrent assets -- Current liabilities and spontaneous financing -- The time value of money -- Noncurrent notes and mortgage liabilities -- Bond liabilities -- Stockholders' equity -- Disclosure, footnotes, and the audit opinion -- Financial leverage -- Operating leverage -- Ratio analysis.