The Essentials of Management Ratios
Author | : Philip Ramsden |
Publisher | : Gower Publishing, Ltd. |
Total Pages | : 200 |
Release | : 1998 |
ISBN-10 | : 0566079534 |
ISBN-13 | : 9780566079535 |
Rating | : 4/5 (34 Downloads) |
Book excerpt: 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 - but how to use them to interpret what's really happening in your own organization or in any organization on which you choose to focus.