Description
Management ratios allow managers to make sense of financial information, without needing to be financial experts. They offer a set of simple formulae to help analyse the performance, financial stability and potential of any company.
The Essentials of Management Ratios provides an explanation of the meaning and application of the majority of ratios in common use. Using a set of accounts for a fictitious company, Philip Ramsden encourages the reader to learn through worked examples; to understand - not only how to calculate the ratios how to use them to interpret what's really happening in your but own organization or in any organization on which you choose to focus.
Whether you're a buyer, needing to assess the stability of potential suppliers; a sales manager, assessing the credit worthiness of new customers; a manager, needing to measure and improve the operational performance of your department; or even the owner (or potential owner) of a business, needing to assess the potential for growth; Philip Ramsden's book will help you identify, calculate and interpret the management ratios that give you the different pieces of the puzzle. ISBN:9780566079535