This section focuses on short-term health. Managers learn to analyze operational ratios to understand if the company is generating enough cash to cover its daily activities.
"Finance for Managers" by Eduardo Martinez Abascal is a comprehensive guide that provides managers with the financial knowledge and skills needed to succeed in today's fast-paced business environment. The book covers a wide range of topics, including financial statements, budgeting, cost analysis, financial ratios, and cash flow management. By reading this book, managers can gain a deeper understanding of finance and make informed decisions that drive business growth and profitability.
The work is divided into two primary sections that guide managers from daily data to long-term strategy:
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