FINANCIALSTATEMENT ANALYSIS

该细分市场的目的是举例说明如何重组和理解我们在本章中提前讨论的货币陈述中的信息。财务比率提供了有关财务呈现五个领域的信息：

1.财务杠杆the degree to which a firm relies on debt finance

2.Activity-the capability of the firm to control its speculation in property

3.偿付能力 -公司履行其短期义务的能力

4.Profitability-the degree to which a solid is money-making

5.价值-the value of the

Financial statement does not in a straight line supply the previous five measures of presentation. However, management can constantly evaluate how well the firm is doing, and financial statements can make available this kind of useful in sequence. The monetary statements of the Timberland Company, which appear in the previous section, provide the in sequence for the examples that follow. (Values are given in $ millions.)