"The Essentials of Management Ratios provides an explanation of the meaning and application of the majority of ratios in common use. Using a set of accounts for a fictitious company, Philip Ramsden encourages the reader to learn through worked examples; to understand - not only how to calculate the ratios - but how to use them to interpret what's really happening in your own organization or in any organization on which you choose to focus." "Whether you're a buyer, needing to assess the stability of potential suppliers; a sales manager, assessing the credit worthiness of new customers; a manager, needing to measure and improve the operational performance of your department; or even the owner (or potential owner) of a business, needing to assess the potential for growth; Philip Ramsden's book will help you identify, calculate and interpret the management ratios that give you the different pieces of the puzzle."--Jacket.