Define financial analysis.
Discuss the Importance of Financial Ratios.
List the major categories of ratios and explain its uses.
Differentiate between the major categories of ratios.
Calculate financial ratios and evaluate financial statements using the results.
What is financial analysis?
Evaluating a firm's financial performance.
Financial analysis may not answer questions, but leads to further inquiry.
Financial Ratios are calculated by dividing one value on financial statements by another related value.