How to Understand Business Finance explains the concepts and translates the jargon of this often confusing subject. Using a unique business simulation it takes you through the set-up and first years trading of a real company, explaining:
The balance sheet
Profit and loss accounts
fixed and variable costs
The break-even analysis
How to value a company
Budgeting and forecasting
Shareholder value and economic profit
Depreciation and amortization
How to manage working capital, and so much more.
With an extensive glossary explaining all the key terms,How to Understand Business Finance is an essential primer for non financial managers and students everywhere.
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