

| MR Learning Center |
| Want to learn more about financial statements and fundamental analysis? Links below provide terrific resources. |
| Additional Investor Resources Operating Cash Flow: Better Than Net Income? - Differences between accrual accounting and cash flows show why net income is easier to manipulate. Analyze Cash Flow The Easy Way - Find out how a company spends its money and whether there will be any left over for investors. The Essentials Of Cash Flow - Tune out the accounting noise and see whether a company is generating the stuff it needs to sustain itself. How Some Companies Abuse Cash Flow - Pressure to be the best can sometimes push corporations to cheat. Learn how they do it and how to spot it. |
| Not recommended for the analysis of bank, insurance, mortgage or similar financial services companies. |
| Custom Research Services Our solutions group provides custom research services to accountants, attorneys, analysts, fiduciaries and journalists. Discover how our cost-effective solutions can bring value to your organization or project. Information |
| Recommended Reading HOW THIS BEAR CRUNCHES THE NUMBERS FORENSIC INVESTING AT SMARTMONEY.COM |
Our objective is to provide investors with timely, accurate and predictive analysis which reveals the true quality of earnings being reported in a company’s financial statements. |
| Merriam Report Investment Research Products and Services |
| We offer special rates and discounts to NAIC affiliated investment clubs and qualified investor organizations. |