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This document describes the development of a financial health indicator based on companies' financial statements. This indicator is conceived as a weighted combination of variables, which is obtained through a model discriminating between failing firms and non-failing firms. The definition of...
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CHAPTER 1 - Primary financial statements -- CHAPTER 2 - Notes to financial statements -- CHAPTER 3 - Financial statement analysis -- CHAPTER 4 – Prospective financial statement analysis and simulations -- CHAPTER 5 – Real-life case study: A flight to a bankruptcy of Norwegian Air Shuttle.
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