Preface to Fifth Edition Workbook Acknowledgments Part One Questions Fill in the Blanks on Each Chapter Financial Statement Exercises Financial Statement Items Common Size and Operating Strategy Cash Flows and Life Cycle DuPont Analysis Computational Exercises Arithmetic of Growth Valuations Market Value versus Book Value of Debt Acquisitions Driven by Sales Growth Acceleration without Profit Increase Stock Prices and Goodwill Projecting Interest Expense Sensitivity Analysis in Forecasting Financial Statements Part Two Answers Fill in the Blanks on Each Chapter (Answers) Financial Statement Exercises (Answers) Financial Statement Items Common Size and Operating Strategy Cash Flows and Life Cycle DuPont Analysis Computational Exercises (Answers) Arithmetic of Growth Valuations Market Value versus Book Value of Debt Acquisitions Driven by Sales Growth Acceleration without Profit Increase Stock Prices and Goodwill Projecting Interest Expense Sensitivity Analysis in Forecasting Financial Statements

THE HELPFUL WORKBOOK TO HELP PRACTICE ASSESSING FINANCIAL STATEMENTS Financial statement analysis is essential as part of any well-organized financial portfolio. As a companion piece, Financial Statement Analysis Workbook: A Practitioner’s Guide, Fifth Edition allows readers the opportunity to test and hone the skills put forward in Martin Fridson and Fernando Alvarez’s Financial Statement Analysis, Fifth Edition, a resource devoted to providing the analytical framework necessary to make sense of the sometimes misleading numbers put forth by companies. Scrutinizing financial statements allows one to, for example, evaluate a company’s stock price, assess its credit risk, or determine merger or acquisition valuations. This Workbook, then, provides a pathway to become familiar with these methodologies in order to be prepared to use them in real-world scenarios. With the skills provided within, you can begin to undertake goal-oriented preparation for the practical challenges of contemporary business, and feel confident in your financial decision-making. This is aided by: Question-and-answer sections within this Workbook corresponding to each chapter of Financial Statement Analysis, Fifth EditionFinancial statement and computational exercises designed to require analysis and synthesis of concepts covered in the core textsA full list of answers in the second half of the book that help explain pitfalls within the questions An essential tool for professional analysts, investors, and students, Financial Statement Analysis Workbook, Fifth Edition offers the perfect opportunity to help turn theory into reality.