Description and PurposeBasic Concepts Underlying Financial Ratio and Statement Analysis (FRSA)Components of Financial StatementsAssessing the Appropriateness of RatiosStrengthsWeaknessesHow to Do ItActivity or Efficiency RatiosLeverage or Solvency Analysis RatiosLiquidity Analysis RatiosProfitability Analysis RatiosOther Analysis Ratios: Capital Market or Shareholder ReturnsMethods of Ratio or Measure ComparisonConsolidation and Segmented AnalysisCase Study: FRSA of the Three Large North American Warehouse Clubs