How to Analyze Your Business Using Financial Ratios
Using a sample income statement and balance sheet, this guide shows you how to convert the raw data on financial statements into information that will help you manage your business_
Using a sample income statement and balance sheet, this guide shows you how to convert the raw data on financial statements into information that will help you manage your business_
Examine the concepts of assets, liabilities, and net worth in a way that will help you relate them to your business. Learn how to create a balance sheet for your company and how to use it to analyze your business’s liquidity and leverage.
At its most basic level, a budget is a plan for owners and managers to achieve their goals for the company during a specific time period. Learn the fundamental concepts of cash budgets and to evaluate your budget on a month-to-month basis.
A cash flow statement is important to your business because it can be used to assess the timing, amount and predictability of future cash flows and it can be the basis for budgeting. A cash flow statement can answer the questions, " where did the money come from?" "Where did it go?"_
A Profit and Loss (P & L) or income statement measures a company’s sales and expenses over a specified period of time. You can use this guide to create a profit and loss statement for your business.