- The tools of effective financial statement analysis are useful for assessing whether to extend ____________________(Fill in) to a firm, either for a short-term or for a long-term.

- The Second step in financial statement analysis requires businesses to analyze strategies that will__________________________________________________(Fill in) itself from the firms competitors.

- The fourth step in financial statement analysis is using the financial statements to analyze the current ____________________ (Fill in) and ____________________( Fill in) of the firm.

- Firms recognize the reduction in service potential of assets such as patents and trademarks using the process of ____________________(Fill in).

- Under the _________________________ (Fill in), firms begin with net income to calculate cash flow from operations for the period.