This course is designed to provide students with a knowledge of the basic tools and concepts used in financial analysis and to provide an opportunity for students to employ their knowledge of how to read, analyze, and interpret financial accounting data to make informed business decisions with an emphasis on operating profitability. Financial accounting topics including assets, liabilities, equity, and off balance sheet financing. Other topics include the trade-off between risk and return, the time value of money, and valuing of future cash flows. Students will use ratio analysis to analyze past firm performance and make forecasts of future performance.