Page 315 - Microsoft Word - 00 BA3 IW Prelims STUDENT.docx

Chapter 19

The interpretation of financial

statements

Outcome

By the end of this session you should be able to:

 identify information provided by ratios

 identify reasons for the changes in accounting ratios

 calculate basic accounting ratios dealing with profitability, liquidity and risk

and answer questions relating to these areas.

The underpinning detail for this chapter in your Integrated Workbook can
be found in Chapter 19 of your Study Text

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