Financial reports provide vital information to investors, lenders, and managers. This chapter from the seventh edition of How to Read a Financial Report offers a plain-English user's guide to financial reports. The book helps you get a sure-handed grip on the profit, cash flow, and financial condition of any business. This chapter delves External income statements Comparing Equal Percent changes Reporting operating expenses Analyzing a management profit report Making changes in the profit equation Determining the breakeven point
Financial reports provide vital information to investors, lenders, and managers. This chapter from the seventh edition of How to Read a Financial Report offers a plain-English user's guide to financial reports. The book helps you get a sure-handed grip on the profit, cash flow, and financial condition of any business. This chapter delves External income statements Comparing Equal Percent changes Reporting operating expenses Analyzing a management profit report Making changes in the profit equation Determining the breakeven point