- Percentages and decimals
- Equations and functions
- Charts and graphs
- Averages and variability
- Probability and expected value
- Practical Excel applications

- Financial statements
- Cash flow
- Financial ratios
- Payroll
- Inventory
- Depreciation
- Markups and margins
- Budgeting
- Breakeven analysis
- Compounding and discounting
- Borrowing and interest rates
- Investment returns

- Price versus value
- Intrinsic value
- Free cash flow
- Earnings yield
- Valuation multiples
- Free cash flow yield
- Margin of safety
- Growth and valuation
- Practical stock analysis

Investors need to understand:


