Featuring financial statements from Under Armour and Columbia Sportswear, the undergraduate textbook helps non-finance students understand how to read an annual report and why financial
statements drive business decision-making. The authors explain accrual accounting, inventories, cash control, operating assets, long-term liabilities, and the time value of money. The ninth
edition incorporates a transaction-effects equation format that illustrates how each transaction affects the accounting equation, the balance sheet, the income statement, and stockholder
equity. Annotation ©2015 Ringgold, Inc., Portland, OR (protoview.com)
