Why the balance sheet might provide a sounder

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Question 1: As quoted in the article above, and in K&W, Bill Fleckenstein, a money manager in Seattle, noted: 'There ought to be a law in this country that before you're allowed to buy a stock you have to be able to read its balance sheet." Based on the lesson, the textbook reading, and your own research, discuss why the balance sheet might provide a sounder view of a company's future prospects than the income statement.

Question 2: How Did They Value Stocks?

Attachment:- Value Stocks.zip

Reference no: EM132657984

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