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Description : The three financial statements (Income Statement, Balance Sheet and Cash Flow Statement) are explained for those who are not familiar with financial reporting. Different methods for analyzing financial statements are provided. Detailed calculations and explanations of numerous financial ratios are provided, with easy to follow examples for each ratio. The importance of trend analysis is also discussed and calculation methods are provided. A full list of definitions of most terms is provided in the appendix. Over 40 images are included to make it easier to understand the topics discussed.