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Management ratios allow managers to make sense of financial information. This book aims to provide an explanation of the meaning and application of the majority of ratios in common use. Using a set of accounts for a fictitious company, the author encourages the reader to learn through worked examples and to understand how to calculate and use ratios to interpret what is really going on in any organization.
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Management ratios allow managers to make sense of financial information. This book aims to provide an explanation of the meaning and application of the majority of ratios in common use. Using a set of accounts for a fictitious company, the author encourages the reader to learn through worked examples and to understand how to calculate and use ratios to interpret what is really going on in any organization.