Understanding Financial Performance
This is a free book from BookBoon.
This eBook explains how to use key financial ratios to help you make informed management decisions about the financial status of other organizations.
You will learn:
- How key ratios can be derived from readily available financial statements
- How to tell if a business is solvent by using the current ratio and the quick ratio
- How to tell if a business is profitable and to put any profit into perspective by looking at ratios that compare profit as a percentage of sales or assets
- How to look at individual parts of the business to gain insight into their individual profitability and efficiency
- How to assess the investment potential and overall health of an organization