Remeily, Shady Elias
(Notre Dame University-Louaize, 2005)
The Global financial markets have witnessed great traumas due to
several events such as the 2000 US stock market crash, the attack of September
I Ph 2001, the Afghani war December 2001, and recently the Iraqi war
February 2003, the repercussions of which are being felt till today. These
events caused immense turbulence in the stability of the stock market and a
collapse of investor confidence.
One product of accounting evolution is the use of ratios for analyzing
financial statements. Originally developed as short-term credit analysis devices,
ratios can be traced as far back as the late ...