The Portable MBA in Finance and Accounting, 3rd Edition

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PORTABLE MBA in FINANCE AND ACC OUNT ING ...

The Portable MBA Series The Por table MBA, Third Edition,Robert Bruner, Mark Eaker, R. Edward Freeman, Robert Spekman and Elizab ...

PORTABLE MBA in FINANCE AND ACC OUNT ING THIRD EDITION Edited by John Leslie Livingstone and Theodore Grossman John Wiley & ...

Copyright © 2002 by John Wiley & Sons, Inc., New York. All rights reserved. No part of this publication may be reproduced, s ...

v Preface Do you know how to accomplish these important business tasks? Understand financial statements. Measure liquidity of a ...

vi Preface The first edition of this book was published in 1992, and the second edi- tion in 1997. Both editions, hardback and p ...

Preface vii People in many walks of life who need to understand more about financial matters. Whether you are in one, some, or ...

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ix Ack nowledgments A book like this results only from the contributions of many talented people. We would like to thank the cha ...

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xi Contents Preface v Acknowledgments ix PART ONE UNDERSTANDING THE NUMBERS 1 Using Financial Statements 3 John Leslie Livingst ...

xii Contents PART TWO PLANNING AND FORECASTING 223 Choosing a Business Form 225 Richard P. Mandel The Business Plan 260 Andrew ...

PART ONE UNDERSTANDING THE NUMBERS ...

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3 1 USING FINANCIAL STATEMENTS John Leslie Livingstone WHAT ARE FINANCIAL STATEMENTS? A CASE STUDY Pat was applying for a bank l ...

4 Understanding the Numbers Nutrivite Projected Balance Sheet as of January 1, 200X Assets Liabilities and Equity Cash $ 24,000 ...

Using Financial Statements 5 Kim:Excellent! Let’s organize this information into a projected income state- ment. We start with t ...

6 Understanding the Numbers end of your first year in business. But first I need to ask you how much cash you plan to draw out o ...

Using Financial Statements 7 cut down my drawings by $30,000, from $76,000 to $45,000? Here I am opening my own business, and it ...