Finance and Accounting for Nonfinancial Managers
McGraw Hill Professional, May 22, 2001 - Business & Economics - 350 pages
J. Fred Weston provides managers and executives with the information they need to understand essential accounting principles, from vocabulary and financial statements to cash flow and valuation. Covering balance sheets, income statements, reporting measures, and even essential ratios, this practical, in-depth book provides a one-stop, reference for all aspects of finance and accounting, and will help managers take essential steps toward making informed decisions based on the numbers they face every business day.
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Excellent toolUser Review - oreomom - Overstock.com
This book is a great tool for those of us with little or no financial background but who want to understand more about the world of finance and accouinting. I highly recommend it! Read full review
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accounts receivable additional after-tax amount annuity balance sheet bank bond book value borrowing budget calculated capital structure CAPM common stock company’s compound corporation cost of capital cost of debt cost of equity current assets current liabilities decisions depreciation discount rate dividend dollar earnings equipment estimated evaluation example excess return exchange rate financial manager financial statements firm’s funds future value growth rate Heinz Hershey Foods Hershey Foods Corporation Hershey’s higher income statement income taxes increase incremental industry interest expense interest rate inventory investment banker investors issue lease lender leverage loan long-term debt margin ment million net present value operating cash flows operating income opportunity cost payback period payments percent preferred stock present value pretax profitability rate of return ratio reinvestment repurchases result risk securities selling share shareholders short-term debt stock price stockholders Table tax rate tion total assets turnover units