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Part II: The Tools > The Core Earnings Workbook: Finding the Numbers

Chapter 7. The Core Earnings Workbook: Finding the Numbers

Knowing the concept of core earnings adjustments is only the first part of the analytical task. You also need to be able to maneuver through the annual statement, pick the tidbits of useful information from among the pages, and apply that information in making and interpreting core earnings adjustments.

In this chapter, we use the workbook format to guide you through the annual statement with certainty and clarity. In the following pages, you will find step-by-step information based on Web sites for several corporations. This chapter is designed to enable you to follow along as each step is executed. In these examples, step-by-step instructions are based on layout and format at the time this book was written. Companies may change their formats, but the same information should still be available on revised layout pages.


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