Analysing Financial Statements for Non-Specialists

Analysing Financial Statements for Non-Specialists

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All business organizations produce financial statements and the information communicated (or hidden) on these has never been more important to understand following the global financial crisis. Analyzing Financial Statements for Non-Specialists introduces this topic without assuming prior training and study in accounting - as such it is perfect for students and managers who need to build their understanding of financial statements without taking an entire degree in accounting. With features such as end of chapter questions, topics for further discussion and brimming with real-world examples, this concise new textbook provides a comprehensive resource that will be welcomed by lecturers and instructors charged with delivering classes on financial statements.Trade receivables (Apm) 711 642 643 610 Average time to collect (days) 238 250 269 273 We can see from Table 4.6 that ... If Company B does not pay after 30 days but takes 60 or 90 days to pay, they will indeed have had a free source of ... This is because Company A is unlikely to charge interest as they will not wish to jeopardize future sales to that ... There can be, however, indirect costs associated with such a strategy: 0 The company giving the credit will incur ... For example, should.

Title:Analysing Financial Statements for Non-Specialists
Author:Jim O'Hare
Publisher:Routledge - 2013-07-18


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