Practical Tools for Management Decisions

Finance and accounting provide a rich trove of practical tools that will help answer some of the most important management questions you’ll ever face:

  • What are the costs and benefits of a particular investment?
  • What is its estimated return?
  • How quickly will your company recoup the investment?
  • How many units will it have to sell at specific prices to simply break even?
  • Does your company have the right balance of fixed and variable costs?
  • How can you estimate nonquantifiable costs and benefits?

Cost/Benefit Analysis

Suppose that Amalgamated Hat Rack is considering two investment options: (1) buying a new piece of machinery and (2) creating a new product line. The new machine is a smart-technology, high-temperature ...

Get Financial Planning, Budgeting, and Forecasting: Financial Intelligence Collection (7 Books) now with O’Reilly online learning.

O’Reilly members experience live online training, plus books, videos, and digital content from 200+ publishers.