Publisher's Synopsis
This book is concise and leaves out all unnecessary elaborations or deviations from the subject. It is complete because it covers also important gaps left by formal business education courses. Most importantly, it introduces a new approach to planning and optimizing with a Strategic Planning Graph. Good Accountants can use a computer to its fullest extent. They often produce information overflows. By packaging the necessary data in a new and more functional format, Managers, who are not trained in accounting and economics, can make adjustments and new choices yet see the profitability results at once on a single Strategic Planning Graph, all without recourse to revised computer studies made by accountants and economists. Learn how to use this unique tool. You do not need to master the art of accounting, but you need to master the art of using accountants. Universal profitability measures are commonly known. Learn the proper use, and possible misuse, of different profitability measures. Learn how to cope with dangers resulting from inflation and provide some shelter in your planning efforts. Finally, PLANNING AND FINANCING demonstrates the differences between the most common loan formats, lists many sources of money and explains in detail how to attract funding.
