Brief Contents: Uses of Accounting Information and the Financial Statements; Analyzing Business Transactions; Measuring Business Income; Completing the Accounting Cycle; Financial Reporting and Analysis; How to Read an Annual Report; The Operating Cycle and Merchandising Operations; Inventories; Cash and Receivables; Current Liabilities and The Time Value of Money; Internal Control; Long-Term Assets; Contributed Capital; Long-Term Liabilities; The Corporate Income Statement and the Statement of Stockholders' Equity; The Statement of Cash Flows; Investments; Financial Performance Measurement.