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 Content
Introduction: The Basic Problem with Numbers
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
About the author
Michael C. Thomsett is a market expert, author, speaker and coach. He writes fulltime and also works as an online coach in the options industry. He is a frequent speaker at trade shows and conventions (for example, The Money Show in Las Vegas and Trader’s Expo in New York). His many books include Stock Market Math, Candlestick Charting, The Mathematics of Options, and A Technical Approach to Trend Analysis.
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