Synopsis
Required reading for anyone starting, running, or growing a business, Business Ratios and Formulas, Second Edition puts answers at the fingertips of business managers, with nearly 250 operational criteria and clear, easy-to-understand explanations that can be used right away.
An ideal tool for measuring corporate performance, this authoritative resource allows managers and auditors to pick and choose the tools they need to best assess their organization's performance. Each formula includes a complete description, explanation of the calculation, an example, and cautions regarding its use. The cautions are of particular use, since they describe those elements of a measurement that can be modified to deliver misleading results, different measurements that may work better in certain situations, usage on a trend line basis, and alternate measurements for reinforcing indicated results.
The Second Edition includes approximately fifty new ratios and formulas, as well as new chapters covering ratios and formulasfore-commerceandhuman resources. For professionals needing to compile information about a company's long-term performance, the new edition uses Microsoft Excel to describe how to use an electronic spreadsheet to assemble a standard set of measurements.
Author and renowned accounting expert Steven Bragg categorizes performance measurements for accounting, engineering, logistics, production, and sales departments and also discusses topics related to efficiency, effectiveness, capacity, and market share. Chapter topics include measurements related to asset utilization, operating performance, cash flows, liquidity, capital structure, return on investment, and market performance.
Accounting professionals, business managers, and operational consultants will turn to Bragg's peerless guide again and again to assess a host of organizational performance standards.