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Profit Analysis for Business Managers

ISBN: 978-1-118-00660-3

December 2010

216 pages

Description
Financial reports provide vital information to investors, lenders, and managers. This chapter from the seventh edition of How to Read a Financial Report offers a plain-English user's guide to financial reports. The book helps you get a sure-handed grip on the profit, cash flow, and financial condition of any business. This chapter delves into:
  • External income statements
  • Comparing Equal Percent changes
  • Reporting operating expenses
  • Analyzing a management profit report
  • Making changes in the profit equation
  • Determining the breakeven point
About the Author
JOHN A. TRACY is an award-winning Professor of Accounting, Emeritus, at the University of Colorado at Boulder. His other books include The Fast Forward MBA in Finance, Second Edition, Accounting For Dummies, Fourth Edition, and Accounting Workbook For Dummies, all published by Wiley.