The Portable MBA in Finance and Accounting, 3rd Edition

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Preface

Do you know how to accomplish these important business tasks?

• Understand financial statements.


• Measure liquidity of a business.


• Analyze business profitability.


• Differentiate between regular income and extraordinary items.


• Predict future bankruptcy for an enterprise.


• Prepare a budget.


• Do a break-even analysis.


• Measure productivity.


• Figure out return on investment.


• Compute the cost of capital.


• Put together a business plan.


• Legitimately minimize income taxes payable by you or your business.


• Decide whether your business should be a limited partnership, a C or S
  cor poration, or some other t y pe of entit y.


• Take your company public.


• Manage foreign currency exposure.


• Evaluate a merger or acquisition target.


• Serve as a director of a corporation.


• Build a successful e-business.


• Understand and use financial derivatives.


• Use information technology for competitive advantage.


• Value a business.

These are some of the key topics explained in this book. It is a book de-
signed to help you learn the basics in finance and accounting, without incur-
ring the considerable time and expense of a formal MBA program.