I have always believed that a company’s annual report is the single best piece of information that an investor in a business can get their hands on. It has always surprised me how underused they are. Yet they are packed full of useful information and with some simple bits of number crunching a diligent investor can learn a great deal about a company and improve their investing decisions. Over the next few weeks, I am going to show you how you can do this and will start by looking at income statements.
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