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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.

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Introduction: The Basic Problem with Numbers



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 After-Tax 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 Pro-rations



Chapter 10: Statistics for Effective Reporting



Chapter 11: Incredible Math Shortcuts



Chapter 12: Incredible Conversion, Measurement and Time Shortcuts



Appendix A: Summary of Formulas



Appendix B: Summary of Excel Programs



Glossary



Index

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Michael C. Thomsett is a market expert, author, speaker and coach. He writes fulltime and also works as an online coach in the options industry. He is a frequent speaker at trade shows and conventions (for example, The Money Show in Las Vegas and Trader´s Expo in New York). His many books include Stock Market Math, Candlestick Charting, The Mathematics of Options, and A Technical Approach to Trend Analysis.

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