FINANCIAL FACTS OF LIFE
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A briefing on How to Read a Financial Statement is for the growing number of stockholders who want to make intelligent use of the corporate annual reports they receive. This will give them the basic facts necessary to analyze the assets and liabilities of the corporation, ""figure net worth, book value, profit margins, and return on invested capital"". Along with determining what the figures mean, you will have some meaning of the terms used (surplus, consolidated income, etc.) and Mr. Rogers makes a trial run through several corporation reports as a demonstration. There is an additional chapter on the financial statements issued by banks and insurance companies.... A clear explanation for home application.