This is the definitive guide to the analysis and use of financial statements. Financial statement analysis is an essential skill in a variety of investment and finance occupations. This fully revised and up to date Third Edition of "Financial Statement Analysis" provides readers with detailed, fresh information on evaluating financial statements in today's volatile markets and complex economy. Expanded coverage and new case studies of this important topic provide the analytical framework readers need to scrutinize financial statements whether one is evaluating a company's stock price or determining valuations for a merger or acquisition.