Finance: The Basics

Income statement: A cumulative reflection of a company's revenues, expenses, and profits

OUTLINE AND STRUCTURE OF THE BOOK

THE GOALS OF FINANCE

FINANCIAL PLANNING

We will review these key financial statements in more detail in Chapter 2.

concepts/tools, instruments/transactions, and markets/ participants discussed

THE FINANCIAL STATEMENTS CHAPTER OVERVIEW

enough to adapt to changing circumstances. Figure 1.1 The three-stage cycle of the financial process

THE COMPLETE FINANCIAL PICTURE