Description
Completely revised and updated, the sixth edition of Techniques of Financial Analysis provides a clear and practical overview of the basic tech- niques and tools used to analyze and understand the financial aspects of a business. A classic since 1963, the book ties together the diverse areas of financial analysis with the concept of business as a "system of funds flow," activated by "management decisions to deploy resources for economic gain."
Structuring his discussion around three decisional areas-investment, operations and financing- the author discusses the techniques required for sound analysis and provides not only the rationale but also the practical aspects for such topics as:
โข performance analysis
โข funds flow analysis
โข cash budgets analysis and pro forma statements
โข break-even and leverage concepts
โข valuation methods
โข capital expenditure analysis
ISBN:025603625X
