Here's a unique reference book that not only describes 201 of the most useful financial tools that will help you make many of your most important business decisions, but also explains, in the clearest possible language, when and exactly how to use them! Drawing on specific situations and models taken from real life, The McGraw-Hill Pocket Guide to Business Finance is designed to enable you to become a financial expert. Whether you've forgotten how to apply a particular tool—or never learned the technique in the first place—this book takes you step-by-step through the process. Among the hundreds of problem-solving tools you'll learn how to use in this ready reference are:
Cost-volume-profit relationships
Sales mix analysis
Standard deviation
Trend analysis
Elasticity of demand
Cash flow forecasting
Dividend ratio
Selling price computation
Return on investment
Growth rate
Profit variance
Safety stock.
Regression statistics
Effective interest rate
Linear programming
Valuation measures
Contribution margin
Sales ratios and variances
Asset utilization
Decision tree
Chi-Square test
Risk measures
Price-earnings ratio
Breakeven point
Coefficient of variation
Weighted average
Earnings per share
Present value
Liquidity ratio
Residual income
Payback period
Cost of capital
Sampling formulas
Inventory turnover and age
Equity ratios
Security valuation model