Understanding Income Statements - Hardcover

Designed as the ideal tutor, refresher and reference source for the nonfinancial manager. Step-by-step guidance enables readers to quickly learn the basics of income statements, cash flow, ROI and budgeting. Details gross margins, production costs, overhead, allocations, net income and much more.

When confronted with financial reports, most nonfinancial managers feel uneasy. They see a bewildering array of figures, tables, accounting procedures, and technical jargon. They know that finances are the life's blood of a business and that not being able to read financial statements puts them in jeopardy. If you are among the many managers, small business owners, and entrepreneurs who would like to gain greater control of the financial aspect of your business, Understanding Income Statements will arm you with all the tools you need. Quickly and simply, it enables you to cut right through to the bare facts on net profits, losses, income sources, and expenses - all without abstract concepts or complicated mathematics.