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Fundamentals of Management, 11/e
book

Fundamentals of Management, 11/e

by Stephen P. Robbins, Mary A. Coulter, David A. De Cenzo
April 2015
Beginner content levelBeginner
480 pages
107h 32m
English
Pearson
Content preview from Fundamentals of Management, 11/e

KEEPING TRACK: What Gets Controlled?

1 Keeping Track of an Organization’s Finances

Want to earn a profit? You need financial controls!

Traditional financial controls include:

  • Ratio analysis. (See Exhibit 15–6.) Ratios are calculated using selected information from the organization’s balance sheet and income statement.

    Photo of a financial spreadsheet showing some graphs and columns of figures.

    Ekaterina Semenova/Fotolia

    Exhibit 15–6

    Popular Financial Ratios

    OBJECTIVE RATIO CALCULATION MEANING
    Liquidity ratios: measure an organization’s ability to meet its current debt obligations Current ratio Current assetsCurrent liabilities ...
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Publisher Resources

ISBN: 9780135175156