Description
Considering that the most common measure of business success is profit and loss, it's remarkable how little most managers know about financial statements, balance sheets, cash flow reports, and other financial and accounting data. Power in Numbers presents a wide range of tools and techniques to help you organize and analyze financial data so you can make your company more profitable. From the basic techniques of financial reporting to new and innovative financial strategies, you'll learn:
โข How to use your income statement to identify the most and least profitable aspects of your business
โข How to use your balance sheet to manage the acquisition and financing of assets more profitably
โข How to use financial ratios to measure and improve bottom-line performance
โข How to increase profits by selecting conventions that reduce taxes
โข How to manage cash flow for solvency and profitability
โข How to price goods and services for greater profits
ISBN:0471628093
