Annual Reports can be daunting. Many find them overwhelming and even frightening because they do not understand them. Consequently, they look at the net income and if it has increased and a dividend has been paid they look no further in the belief that all is well. This may be far from the truth. In..
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Financial statements cannot be intelligently analyzed without ratio analysis. They: — Assist in analyzing the performance of the company and comparing the performance with that of other similar companies; — Highlight the relative strengths and weaknesses of a company - whether it is profitable, fina..
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