Math for Managers

Michael C. Thomsett

• Publisher: De Gruyter
• Year: 2018
• Print ISBN: 9781547416707
• eBook ISBN: 9781547400652
• Edition: 1
• Topic: Business
• Subtopic: Business General
• Index: Business

Math for Managers is a practical summary of formulas every manager needs. The book is organized into logical chapters, and each formula introduced includes an example and the Excel program needed to make the process of calculation simple. It adds a practical side to the challenge of calculating the sometimes complex formulas of compound interest, rates of return, breakeven after tax liability, balance sheet and income ratios, depreciation, reports and budgets, proration, statistics, and more. Additional appendices are provided to explain incredible math shortcuts.

This book will benefit managers and executives at any level within an organization, as well as academic instructors and business students.

Michael C. Thomsett is a market expert, author, speaker, and coach. His many books include Stock Market Math, Candlestick Charting, The Mathematics of Options, and A Technical Approach to Trend Analysis.

Table of contents

• Cover
• Title Page
• Copyright
• Contents
• Chapter 1: Compound Interest: The Power of Money
• Chapter 2: Present Value and Sinking Funds
• Chapter 3: Rates of Return
• Chapter 4: Calculating Breakeven and After-Tax Profit
• Chapter 5: Financial Reporting Formulas: The Balance Sheet
• Chapter 6: Financial Reporting Formulas: The Income Statement
• Chapter 7: Depreciation Calculations
• Chapter 8: Bringing Reports to Life: Powerful Arguments with the Numbers
• Chapter 9: Budgeting Calculations: Assumptions and Pro-rations
• Chapter 10: Statistics for Effective Reporting
• Chapter 11: Incredible Math Shortcuts
• Chapter 12: Incredible Conversion, Measurement and Time Shortcuts
• Appendix A: Summary of Formulas
• Appendix B: Summary of Excel Programs
• Glossary
• Index