文档介绍：The Agile Manager’s Guide To
UNDERSTANDING
FINANCIAL STATEMENTS
The Agile Manager’s Guide To
UNDERSTANDING
FINANCIAL STATEMENTS
By Joseph T. Straub
Velocity Business Publishing
Bristol, Vermont USA
For Pat and Stacey
Velocity Business Publishing publishes authoritative works of the
highest quality. It is not, however, in the business of offering profes-
sional, legal, or accounting advice. pany has its own cir-
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pertaining to your situation, secure the services of a professional.
Copyright © 1997 by Joseph T. Straub
All Rights Reserved
Printed in the United States of America
Library of Congress Catalog Card Number 97-90831
ISBN 0-9659193-5-8
Title page illustration by Elayne Sears
Second printing, April 1999
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Contents
Introduction ......................................................................... 7
1. Financial Statements:
Who Needs Them........................................................... 9
2. Understand the e Statement ............................... 17
3. Understand the Balance Sheet ...................................... 27
4. Understand the Cash-Flow Statement.......................... 37
5. Financial Analysis:
Number-Crunching for Profit ...................................... 45
6. Inventory Valuati