How to Read A Profit And Loss Statement, 2/e - Softcover

Ramachandran, Dr. N; Kakani, Dr Ram Kumar

Softcover

ISBN 10: 9339214080 ISBN 13: 9789339214081

Publisher: McGraw Hill Education (India) Private Limited, 2013

Synopsis

"On hearing the term business, the first thought that comes to mind is of its profitability. The Profit and Loss (P&L) Statement is one of the chief indices of profitability of a business and the key driver of strategic organizational decisions. This new edition evaluates those queries related to the P&L Statement that reflect the total financial wellbeing of an organization: from defining a P&L Statement to its key components and methods of computation; from the relationship between Balance Sheet and P&L Statement to analyzing the P&L Statement of a manufacturing concern. Similar to the earlier edition, various intriguing portions have been dealt with through amusing conversations infused with witty answers relating to P&L Statement. Additionally, the new edition elaborates on certain other equally important sections of the P&L Statement that were not addressed in such detail earlier. This edition answers questions such as: Why is it important to maintain a P&L Statement What items do we need to consider while preparing this statement and why What perspective do investors have while analyzing a P&L Statement Presented in simple language through some short story like examples to set the stage and tone for theoretical discussions, this edition also includes ample exercises along with answer keys."

Edition details

• Publisher: McGraw Hill Education (India) Private Limited
• Publication date: 2013
• Language: English
• ISBN 10: 9339214080
• ISBN 13: 9789339214081
• Binding: Paperback
• Edition number: 2