Transcription of FINANCIAL STATEMENT ANALYSIS & …
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Fundamentals, Techniques & Theory FINANCIAL STATEMENT ANALYSIS 1995 2012 by National Association of Certified Valuators and Analysts (NACVA). All rights reserved. Chapter Two 1 Used by Institute of Business Appraisers with permission of NACVA for limited purpose of collaborative training. CHAPTER TWO FINANCIAL STATEMENT ANALYSIS & CALCULATION OF FINANCIAL RATIOS Patience is the best remedy for every trouble. Plantus, Titus Maccius (c. 254- 184 ) Be not afraid of going slowly; be only afraid of standing still. Chinese Proverb I.
FINANCIAL STATEMENT ANALYSIS Fundamentals, Techniques & Theory 2 – Chapter Two © 1995–2012 by National Association of Certified Valuators and Analysts (NACVA).All rights reserved.
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