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efficiency analyzing current ratio S. A. income statements Westerfield & Jordan from the Attach File area Week 2: Financial Statement Analysis Imagine that you have started taking financial management courses as a step to fulfill your aspiration to become the professor has emphasized regular reading of business articles from business magazines or from the business sections of daily newspapers. You have cash flows etc. However things quickly become complicated as the article starts referring to such terms as common size balance sheets common size income statements return on assets price-earnings ratio and DuPont identity. They sound so foreign to you that you wonder “What on the earth do these terms mean?” You know you need to learn them but how do you proceed? This week you explore financial statements in more detail than you did last week. You examine various financial ratios and evaluate them for analyzing financial you complete a quiz to assess your knowledge in the content covered this week. Learning Objectives Students will: Analyze financial statements to det