Description: This comprehensive, easy-to read primer on finance and accounting gives all managers in nonfinancial areas--sales, marketing, production, and more--a complete understanding of financial terms, statements, and ratios and how they affect the operations of a business or corporation. This timely follow-up to the bestselling first edition makes it easy for nonfinancial people to accurately read financial statements...increase familiarity with key financial terms and concepts...and sharpen financial decision-making skills. With this information, the nonfinancial manager will be able to understand: . owners' equity. cash flow statements. ratio analysis. capital leasing. balance sheets. liabilities. future profits. present value. LIFO liquidations. operating leverage. asset valuation. and more! For nonfinancial professionals with budget and/or P&L responsibilities, this indispensable guide provides the basics necessary to make a solid contribution to the financial goals and success of their company.

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