Excerpt from Financial and Business Statements, Vol. 22 To help the executive to read a financial or busi ness statement intelligently; to help him get a Clearer insight into business statistics; to help him to under stand how to interpret professional reports, is the mis sion of this book. The author has avoided, as much as possible, the use of highly technical terms. He has attempted to interpret the contents of financial and business state ments rather than to deal with the construction of such statements, as that feature is fully covered in the volume on Accounting Practice and Auditing. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.