MTH: Math: Business Mathematics

I: The art of finance (and why it matters) -- You can't always trust the numbers -- Spotting assumptions, estimates, and biases -- Why increase your financial intelligence? -- II: The (many) peculiarities of the income statement -- Profit is an estimate -- Cracking the code of the income statement -- Revenue: the issue is recognition -- Costs and expenses: no hard and fast rules -- The many forms of profit -- III: The balance sheet reveals the most -- Understanding balance-sheet basics -- Assets: more estimates and assumptions (except for cash) -- On the other side: liabilities and equity -- Why the balance sheet balances -- The income statement affects the balance sheet -- IV: Cash is king -- Cash is a reality check -- Profit?: cash (and you need both) -- The language of cash flow -- How cash connects with everything else -- Why cash matters -- V: Ratios: learning what the numbers are really telling you -- The power of ratios -- Profitability ratios: the higher the better -- Leverage ratios: the balancing act -- Liquidity ratios: can we pay our bills? -- Efficiency ratios: making the most of your assets -- VI: How to calculate (and really understand) return on investment -- The building blocks of ROI -- Figuring ROI: the nitty gritty -- VII: Applied financial intelligence: working capital management -- The magic of managing the balance sheet -- Your balance sheet levers -- Homing in on cash conversion -- VIII: Creating a financially intelligent department (and organization) -- Financial literacy and corporate performance -- Financial literacy strategies -- Financial transparency: our ultimate goal.

Foreword -- Pt. 1. Saving time and money -- Financial planning for your first job -- Building your cash reserve -- Pt. 2. Investing -- How to think like an investor -- Measuring risk -- Building your first portfolio -- Short-term investing -- Truth about company stock -- How to open an investment account -- Your retirement roadmap -- Pt. 3. Insurance -- Understanding insurance -- Auto and homeowners insurance -- Health insurance -- Disability insurance -- Life insurance -- Pt. 4. Managing debt -- How to manage your debt -- Understanding student loans -- Pay off student loans or save for retirement? -- Buy or lease? -- Pt. 5. Surviving a recession -- Recession-proof your financial plan -- Surviving a job loss -- Recession-proof investing -- Saver's credit -- How to hire a financial planner -- Epilogue: Your next step -- Appendix A: Blank worksheets -- Appendix B: 50 words you need to know.

With penetrating insights for today, this vital history of the world economic collapse of the late 1920s offers unforgettable portraits of four men--Montagu Norman, Amile Moreau, Hjalmar Schacht, and Benjamin Strong--whose personal and professional actions as heads of their respective central banks changed the course of the twentieth century.