How to Read a Financial Report by Merrill Lynch

How to Read a Financial Report by Merrill Lynch

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Forex Trading – Foreign Exchange Course

You want to learn about Forex?

Foreign exchange, or forex, is the conversion of one country’s currency into another.
In a free economy, a country’s currency is valued according to the laws of supply and demand.
In other words, a currency’s value can be pegged to another country’s currency, such as the U.S. dollar, or even to a basket of currencies.
A country’s currency value may also be set by the country’s government.
However, most countries float their currencies freely against those of other countries, which keeps them in constant fluctuation.

If you are one of the many people who are intimidated by such compilations of figures as the Federal budget or the annual report of a large corporation, we believe you will find this booklet helpful. For it explains, in clear and simple language, how to interpret the facts and figures in a financial report with a view to determining not only the soundness of the company’s operation but also the attractiveness of its securities. This booklet is not for accountants and others who already know the fundamentals of bookkeeping. Rather it is designed to be useful to the layman who wants to know all he can about the companies in which he owns shares or is considering becoming a stockholder.

Get How to Read a Financial Report by Merrill Lynch at Salaedu.com