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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
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Seitenzahl: 14
Veröffentlichungsjahr: 2010
Contents
Cover
Title Page
Copyright
Chapter 18: Profit Analysis For Business Managers
First, a Word about Managerial Accounting
Classification of Operating Expenses in Management Profit Reports
Comparing Equal Percent Changes in Sales Prices and Sales Volume
Copyright © 2009 by John Tracy. All rights reserved.
Disclaimer. This content is excerpted from How to Read a Financial Report, Seventh Edition, by John Tracy (978-0-470-40530-7, 2009), with permission from the publisher John Wiley & Sons. You may not make any other use, or authorize others to make any other use of this excerpt, in any print or non-print format, including electronic or multimedia.
Limit of Liability/Disclaimer of Warranty: While the publisher and author have used their best efforts in preparing this book, they make no representations or warranties with respect to the accuracy or completeness of the contents of this book and specifically disclaim any implied warranties of merchantability or fitness for a particular purpose. No warranty may be created or extended by sales representatives or written sales materials. The advice and strategies contained herein may not be suitable for your situation. You should consult with a professional where appropriate. Neither the publisher nor author shall be liable for any loss of profit or any other commercial damages, including but not limited to special, incidental, consequential, or other damages.
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
