Comments: Shows some signs of wear, and may have some markings on the inside. 100% Money Back Guarantee. Shipped to over one million happy customers. Your purchase benefits world literacy!
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Publication Date: 2006
Publisher: McGraw-Hill College
Penman, Stephen H.
This book describes valuation as an exercise in financial statement analysis. Students learn to view a firm through its financial statements and to carry out the appropriate financial statement analysis to value the firm's debt and equity. The book takes an activist approach to investing, showing how the analyst challenges the current market price of a share by analyzing the fundamentals. With a careful assessment of accounting quality, accounting comes to life as it is integrated with the modern theory of finance to develop practical analysis and valuation tools for active investing.Penman, Stephen H. is the author of 'Financial Statement Analysis And Security Valuation ', published 2006 under ISBN 9780073127132 and ISBN 0073127132.
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