000			01665cam a2200301 a 4500
008			090113s2010 nyua b 001 0 eng
020			_a9780073379661 (alk. paper)
020			_a0073379662 (alk. paper)
020			_a9780071267809
020			_a0071267808
040			_aDLC _cDLC
050	0	0	_aHF5681.B2 _bP4134 2010
082	0	0	_a657.3 _bPEN
100	1		_aPenman, Stephen H.
245	1	0	_aFinancial statement analysis and security valuation /
250			_a4th ed.
260			_aNew York : _bMcGraw-Hill/Irwin, _cc2010.
300			_axxiv, 754 p. :
504			_aIncludes bibliographical references and index.
520			_aThis book presents the principles of financial statement analysis, with a focus on the investor. Many types of investment are entertained. Buying a firm's equity-its common stock- is one, and the book has a particular focus on the shareholder and prospective shareholder. Buying a firm's debt - its bonds - is another. The shareholder is concerned with profitability, the bondholder with default, and financial statement analysis aids in evaluating both. Banks making loans to firms are investors, and they are concerned with default. Firms themselves are also investors when they consider strategies to acquire other firms, go into a new line of business, spin off a division or restructure, or indeed acquire or disinvest in an asset of any form. In all cases financial statement must be analyzed to make a sound decision.
590			_arpm 09/07/13
591			_aLoans
650		0	_aFinancial statements.
650		0	_aSecurity valuation
650		0	_aFinancial analysis
942			_2ddc _cBOOK
949			_a657.3 PEN
999			_c809 _d809