Book description
Math for Managers is a practical summary of formulas every manager needs. The book is organized into logical chapters, and each formula introduced includes an example and the Excel program needed to make the process of calculation simple. It adds a practical side to the challenge of calculating the sometimes complex formulas of compound interest, rates of return, breakeven after tax liability, balance sheet and income ratios, depreciation, reports and budgets, proration, statistics, and more. Additional appendices are provided to explain incredible math shortcuts.
This book will benefit managers and executives at any level within an organization, as well as academic instructors and business students.
Michael C. Thomsett is a market expert, author, speaker, and coach. His many books include Stock Market Math, Candlestick Charting, The Mathematics of Options, and A Technical Approach to Trend Analysis.
Table of contents
 Cover
 Title page
 Copyright
 Contents
 Chapter 1: Compound Interest: The Power of Money
 Chapter 2: Present Value and Sinking Funds
 Chapter 3: Rates of Return
 Chapter 4: Calculating Breakeven and AfterTax Profit
 Chapter 5: Financial Reporting Formulas: The Balance Sheet
 Chapter 6: Financial Reporting Formulas: The Income Statement
 Chapter 7: Depreciation Calculations
 Chapter 8: Bringing Reports to Life: Powerful Arguments with the Numbers
 Chapter 9: Budgeting Calculations: Assumptions and Prorations
 Chapter 10: Statistics for Effective Reporting

Chapter 11: Incredible Math Shortcuts
 Addition
 Subtraction
 Logical Rules

Multiplication Shortcuts
 Multiplication Shortcut # 1: Squaring Numbers
 Multiplication Shortcut # 2: Dropping the Zeroes
 Multiplication Shortcut # 3: Multiplying by 4
 Multiplication Shortcut # 4: Multiplying by 5
 Multiplication Shortcut # 5: Multiplying by 11 or 12
 Multiplication Shortcut # 6: Multiplying by 9
 Multiplication Shortcut # 7: Multiplying by 15
 Multiplication Shortcut # 8: Multiplying Two Numbers 2 or 4 Digits Apart
 Division Shortcuts
 Chapter 12: Incredible Conversion, Measurement and Time Shortcuts
 Appendix A: Summary of Formulas
 Appendix B: Summary of Excel Programs
 Glossary
 Index
Product information
 Title: Math for Managers
 Author(s):
 Release date: November 2018
 Publisher(s): De Gruyter
 ISBN: 9781547400652
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