Tuesday, December 9, 2008

Financial Statement Analysis or A Political Economy of the Middle East

Financial Statement Analysis

Author: K R Subramanyam

Financial Statement Analysis, 10e, emphasizes effective business analysis and decision making by analysts, investors, managers, and other stakeholders of the company. It continues to set the standard in showing students the keys to effective financial statement analysis. The textbook is set up in a three part framework which makes this textbook one of the best selling books in the market. It begins with an overview (chapters 1-2), followed by accounting analysis (chapters 3-6) and then financial analysis (chapters 7-12). The book presents a balanced view of analysis, including both equity and credit analysis, and both cash-based and earnings-based valuation models. The tenth edition is aimed at accounting and finance classes, and the professional audience – as it shows the relevance of financial statement analysis to all business decision makers. The authors:

1. Use numerous and timely “real world” examples and cases

2. Draw heavily on actual excerpts from financial reports and footnotes

3. Focus on analysis and interpretation of financial reports and their footnotes

4. Illustrate debt and equity valuation that uses results of financial statement analysis

5. Apply a concise and succinct writing style to make the material accessible



Table of Contents:

1 Overview of Financial Statement Analysis 2

2 Financial Reporting and Analysis 66

3 Analyzing Financing Activities 136

4 Analyzing Investing Activities 220

5 Analyzing Investing Activities: Intercorporate Investments 262

6 Analyzing Operating Activities 328

7 Cash Flow Analysis 400

8 Return on Invested Capital and Profitability Analysis 444

9 Prospective Analysis 490

10 Credit Analysis 526

Sect. 1 Liquidity 528

Sect. 2 Capital Structure and Solvency 547

11 Equity Analysis and Valuation 600

Comprehensive Case: Applying Financial Statement Analysis 634

App. A Financial Statements

Colgate Palmolive Co.

Campbell Soup

Interest Tables

References

Index

Look this: Principles of Information Systems 8th Edition or The Theory of Corporate Finance

A Political Economy of the Middle East

Author: Alan Richards

This integrated, analytic text presents a comprehensive analysis of the transformation of the political economy of the entire contemporary Middle East region over the past several decades. As did the first edition, this new edition, extensively rewritten and revised, stresses how different development strategies have contributed to the creation of powerful interests that now often block needed change. The book also retains its focus on the interaction of economic development processes, state systems, and social actors. The revisions not only include much new data and evidence but also take into account emerging issues, such as youth unemployment, impending water shortages, the experience with structural adjustment, pressures for democratization, and the rise of political Islam. The authors also give special attention to the impact of such recent international events as the collapse of the oil boom, the end of the Cold War, and Operation Desert Storm.

Booknews

Stressing the interrelation of politics and development strategies--including industrialization based on import substitution, agricultural export-led growth, and oil rentier development--the authors explain how different strategies have contributed to class formation and to the definition of powerful new interests, not only within governmental structures but also within whole societies that have moved far from their traditional agricultural base. Paper edition (unseen), $21.95. Annotation c. Book News, Inc., Portland, OR (booknews.com)



Table of Contents:

List of Illustrations
Acknowledgments
List of Acronyms and Abbreviations
1Introduction1
2The Framework of the Study8
3Economic Growth and Structural Change45
4The Impact of Rapid Population Growth77
5Human Capital: Health, Education, and Labor Markets103
6Water and Food S ecurity145
7The Emergence of the Public Sector173
8Contradictions of State-Led Growth205
9The Checkered Course of Economic Reform222
10Urban Political Economy251
11Political Regimes: As They Are and as They View Themselves275
12Solidarism and Its Enemies309
13The Military and the State329
14Is Islam the Solution? 346
15Regionalism, Labor Migration, and the Future of the Oil Economies366
16Conclusion391
References399
About the Book and Authors418
Index419

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