This is a suprisingly compact and readable book about how to read a balance sheet and income statement. Although the first edition was published in 1937 it is still relevant today despite a few changes in common terminology.

As an exercise, I converted the material in Part II to a Google Sheet. This consists of the income statement and balance sheet for the Bethlehem Steel Corporation as of Dec. 31, 1928. Each of the analytical calculations in the text is also included in the sheet, along with definitions and formulae.