Question: Overview: In this class we'll start exploring real world financial statements and draw upon work done throughout the semester to analyze financial statements. Key questions:

Overview: In this class we'll start exploring real world financial statements and draw upon work done throughout the semester to analyze financial statements. Key questions: 1. Who are "the users" of financial information? 2. How informed must the users of financial statements be in order to effectively utilize the information they contain? 3. What types of decisions are made using financial information? 4. How is horizontal analysis different from vertical analysis? 5. Why is percentage analysis particular useful when analyzing financial statements? 6. How do liquidity ratios differ from solvency ratios

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