Annuity Formula
For quick and authorized answers to questions on business and financial formulas and tools, this distinguishable book is unequaled! It not only distinctly explains all major business and financial formulas, it shows you how to apply them, step by step. Perfect for college and graduate students in business, finance, marketing, operations, management, and accounting, this comprehensive, portable guide gives you quick access to all major financial and business formulas with explanations you may grasp and use in seconds. You get explanations, examples, and demonstrations of formulas for vertical analysis; net-cost method; sales mix analysis; regression statistics; earnings margin; sampling formulas; discount cash flow analysis; weighted averages; cost of capital; earnings per share; inventory turnover; and closely 200 more. This is the handiest tool available for mastering business formulas!
From the Back Cover
Business and finance answers in a flash!
Quick business and finance answers at your fingertips–that’s what this distinctive book gives you! It has 201 major formulas with quick, clear explanations that you may perceive and put to use in seconds. Perfect for college and graduate students in business, finance, marketing, operations, management, and accounting, this comprehensive, portable quick reference lets you quickly review formulas in your current courses, and get in front of the curve in coursework to come. It’s such a handy source for fast, complete, and authenti problem-solving that a great deal of business persons keep it on their desktops!
Schaum’s Quick Guide to Business Formulas gets you right to the formula you need, explains it simply, and demonstrates it step by step. You get instant answers on
- Vertical analysis
- Security valuation
- Cost-volume-profit relationships
- Sales mix analysis
- Regression stats
- Profit margin
- Sampling formulas
- Beta and alpha
- Cost of capital
- Earnings per share
- Residual income
- Equity ratios
- Inventory turnover
- Chi-square test
- Linear programming
- Trend analysis
- Discount cash flow analysis
- And many, a great deal of more
If you don’t have a lot of time but want to excel in class, this book helps you: brush up before tests, locate formulas fast, exploration quickly and more effectively, and get the right answers without spending hours poring over lengthy texts.
About the AuthorJoel G. Siegel, Ph.D., CPA, is professor of finance and accounting at Queens College, New York City. Jae K. Shim, Ph.D., is professor of finance and accounting at California State University, Long Beach. Stephen W. Hartman, Ph.D., is professor of management at New York Institute of Technology. Drs. Siegel and Shim also consult in finance, and Dr. Hartman is a management consultant.
Most helpful client reviews
39 of 39 persons found the following review helpful.
 Not just for students
By Linda Zarate
This is a reprint of “McGraw-Hill Pocket Guide to Business Finance: 201 Decision-Making Tools for Managers” with a single difference. The now out-or-print book came with a runtime version of MathCAD and formulas for using each of the tools, while this new version does not. Also, don’t let the title fool you – this book is as utile to working pros as it is to students.
The 201 tools contained in this small, highly utile book range from Acid Test (doing a quick symmetry of financials) to Z-Scores. Each tool is listed alphabetically, it is use explained, and instructions on how to use it is provided. What I exceptionally liked is the worked examples that accompany each tool.
As an IT consultant who specializes in service deliverance this book is not one I would commonly include in my professional library. I was introduced to it when a colleague and I were writing a white paper on recovery management. We were searching for a way to link business imperatives to justification for investment in recovery strategies. We found one piece of the puzzle in this book – the Altman Z-Score. This tool predicts whether or not a company is likely to enter into bankruptcy within one or two years. This led to the development of a copyrighted model that addressed survival level objectives, and likewise became a key percentage of the Tarrani-Zarate Information Technologies Management Model. All this from a single entry in a little book!
Aside from discovering a comparatively obscure, but important, tool I also found other utile tools in this book. Because I am not a business advisor or financial expert the tools were like a cram course in financial management for non-financial people. For example, I was capable to apply some of the tools to personal financial matters – the real costs of a loan become quickly apparent when you compute them. I was also competent to employ a lot of of the tools to conduct realistic cost/benefit analyses, consider in detail trade-offs supporting approaches to projects, etc. In this respect this little book has significantly bettered my professional achievements and has inspired me to read other books on financial management.
I strongly commend this book – collection of tools genuinely – to any person who deals with finance, any person who has P&L responsibilities, and business and IT consultants. The latter group will find this book to be priceless for formulating proposals, deliverables and project plans that add value.
14 of 15 humans found the following review helpful.
GREAT!
By A
This book saved me through four accounting courses three finance courses and two real estate courses. It is well coordinated and easy to locate any formula that is needed.
8 of 8 humans found the following review helpful.
 An OK reference book
By A. Bentley
I use a few books as reference books for the duration of my symmetry analysis of a companies position, and this one is just a backup. It’s got tons of formulas, but most of the ones included in THIS book, you NEVER need to use in an analysis of financial statements.
The book badly lacks explanations of what the ratios and formulas mean. It just vaguely states at the end of each formula who might use it and why, but doesn’t go into the detail you’d want. The book just doesn’t sit right. If you want a good reference book for symmetry analysis of financial statements, than get “Business Ratios and Formulas: A Comprehensive Guide” By Steven M. Bragg
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