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Preface iv 1 Understanding Financial Statements and Annual Reports 1 2 Analyzing Profitability 33 3 Analyzing Liquidity and Solvency 71 4 Analyzing Activity with Financial and Nonfinancial Measures 121 5 Quality of Earnings and Cash Flows 145 6 Earnings Releases and EVA Analysis 175 7 E-Business 207 Notes 226 Index 229
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