Financial Statement Analysis Workbook, 5th Edition

Fill in the Blanks on Each Chapter

CHAPTER 1: THE ADVERSARIAL NATURE OF FINANCIAL REPORTING

1. The following are three ways that corporations can use financial reporting to enhance their value:
   1. ___________________________________________________________
   2. ___________________________________________________________
   3. ___________________________________________________________
2. The true purpose of financial reporting is ________________________.
3. Corporations routinely ________________________ because the appearance of __________ receives a higher __________ multiple.
4. According to the _____________________, reversals of the excess write‐offs offer an artificial means of __________ in subsequent periods.
5. The following are some of the powerful limitations to continued growth faced by companies:
   1. ___________________________________________________________
   2. ___________________________________________________________
   3. ___________________________________________________________
6. Some of the commonly heard rationalizations for declining growth are:
   1. ___________________________________________________________
   2. ___________________________________________________________
   3. ___________________________________________________________
7. __________ reached its zenith of popularity during the ____________ movement of the 1960s. However, by the 1980s, the stock market had converted the ___________________________ into a(n) ________________________.
8. ____________ is one of the ways that the notion of diversification ...