Business Ratios 3E - Hardcover

by Steven M. Bragg (Author)

A complete appraisal of analytical tools available to managers to assess performance

Required reading for anyone starting, running, or growing a business, Business Ratios and Formulas, Third Edition puts answers at the fingertips of business managers, with nearly 250 operational criteria and clear, easy-to-understand explanations that can be used right away. The Third Edition includes twenty new measurements.

• Approximately 20 new measurements
• Offers a comprehensive resource of nearly 250 operational criteria
• An Appendix including a dictionary of accounting and finance terms
• A thorough list of every ratio and formula, and how to compile and interpret that information
• Also by Steven M. Bragg: Fast Close: A Guide to Closing the Books Quickly, Second Edition

An ideal tool for measuring corporate performance, this authoritative resource allows you to pick and choose the tools you need to best assess your organization's performance.

Front Jacket

Business Ratios and Formulas
A Comprehensive Guide
Third Edition

Whether you're starting, running, or growing a business, Business Ratios and Formulas, Third Edition is essential reading, with nearly 250 operational criteria and clear, easy-to-understand explanations that can be used right away.

An ideal tool for measuring corporate performance, this authoritative resource allows managers and auditors to pick and choose the tools they need to best assess their organization's performance. Each formula includes a complete description, explanation of the calculation, an example, and cautions regarding its use. The cautions are of particular use, since they describe those elements of a measurement that can be modified to deliver misleading results, different measurements that may work better in certain situations, usage on a trend line basis, and which other measurements should be used to reinforce indicated results.

The Third Edition includes approximately twenty new ratios and formulas covering fixed-charge coverage ratio; free cash flow formula; capital-labor ratio; cash coverage ratio; value at risk formula; cash conversion efficiency metric; and open/close requisition ratio. For professionals needing to compile information about a company's long-term performance, the new edition describes how to use an electronic spreadsheet to compile a standard set of measurements, using Microsoft Excel as the template.

Author and renowned accounting expert Steve Bragg categorizes performance measurements for accounting, engineering, logistics, production, and sales departments and also discusses topics related to efficiency, effectiveness, capacity, and market share. Chapter topics include measurements related to asset utilization, operating performance, cash flows, liquidity, capital structure, return on investment, and market performance.

Accounting professionals, business managers, and operational consultants will turn to Bragg's peerless guide again and again to assess a host of organizational performance standards.

Back Jacket

BUSINESS RATIOS AND FORMULAS

A Comprehensive Guide

THIRD EDITION

Whether you're starting, running, or growing a business, Business Ratios and Formulas, Third Edition is essential reading, with nearly 250 operational criteria and clear, easy-to-understand explanations that can be used right away.

An ideal tool for measuring corporate performance, this authoritative resource allows managers and auditors to pick and choose the tools they need to best assess their organization's performance. Each formula includes a complete description, explanation of the calculation, an example, and cautions regarding its use. The cautions are of particular use, since they describe those elements of a measurement that can be modified to deliver misleading results, different measurements that may work better in certain situations, usage on a trend line basis, and which other measurements should be used to reinforce indicated results.

The Third Edition includes approximately twenty new ratios and formulas covering fixed-charge coverage ratio; free cash flow formula; capital-labor ratio; cash coverage ratio; value at risk formula; cash conversion efficiency metric; and open/close requisition ratio. For professionals needing to compile information about a company's long-term performance, the new edition describes how to use an electronic spreadsheet to compile a standard set of measurements, using Microsoft Excel as the template.

Author and renowned accounting expert Steve Bragg categorizes performance measurements for accounting, engineering, logistics, production, and sales departments and also discusses topics related to efficiency, effectiveness, capacity, and market share. Chapter topics include measurements related to asset utilization, operating performance, cash flows, liquidity, capital structure, return on investment, and market performance.

Accounting professionals, business managers, and operational consultants will turn to Bragg's peerless guide again and again to assess a host of organizational performance standards.

Author Biography

STEVEN M. BRAGG, CPA, has been the chief financial officer or controller of four companies, as well as a consulting manager at Ernst & Young and auditor at Deloitte. He is the author of over thirty books primarily targeted toward corporate financial leaders (controllers, treasurers, and CFOs) and their needs. Bragg received a master's degree in finance from Bentley College, an MBA from Babson College, and a bachelor's degree in economics from the University of Maine.