Crammed into a single volume are selected formulas, tested mathematical
short cuts, and frequently used tables-essential to daily operations of any
profit-maximizing business, large or small; financial institutions and invest-
ment funds; nonprofit organizations; educational entities and hospitals;
governmental bodies and even cost-conscious households-pinpointing prac-
tical principles of sound financial management. This valuable reference book:
*signals where to minimize costs, conserve cash.
*illustrates how to predict potential bankruptcies up to three years in
advance.
*employs continuous compounding and continuous discounting.
*interprets application of latest inflation accounting techniques.
*demonstrates how to reduce losses under unfavorable conditions.
*breaks the seal on liquidity improvement.
*shows how to acquire property cheaper by paying more for it.
*cuts through the mystery of foreign exchange transactions.
*lays bare short-cut methods for nonmathematicians.
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