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Math for Managers
book

Math for Managers

by Michael C. Thomsett
November 2018
Intermediate to advanced content levelIntermediate to advanced
286 pages
6h 47m
English
De Gruyter
Content preview from Math for Managers

Operating profit:

G-E=Ο
where: G=gross profit
E=expenses
O=operating profit

Payback ratio:

I÷C=R
where: I=initial cash investment
C=net cash flow per year
R=payback ratio

Percent of expense variance:

V÷Β=P
where: V=year-to-date variance (favorable or unfavorable)
B=year-to-date budget
P=percent of expense variance

Percent of the total:

V÷T=P
where: V=value
T=total
P=percent of the total

Percentage change:

( N-O )÷Ο=P
where: N=new base value
O=old base value
P=percentage change

Percentage Conversion to Decimal:

a )decimalshift:r.0%=0.0rdecimal b )divideby100:r÷100=D
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Publisher Resources

ISBN: 9781547400652