From cash flow to ROI, budgeting to income statements, this essential reference source enables financial managers, small business owners, entrepreneurs, and self-employed persons to learn the basics of the balance sheet and beyond--quickly, easily and thoroughly. Written by professors who have made financial and accounting matters accessible to thousands--both in the lecture hall and in print--this outstanding resource clearly spells out just what a balance sheet is, how it works and how to use it to increase profitability. Addresses every major component of the balance sheet--cash, receivables, inventory, long-lived assets, long-term debts and more. Contains essential formulas to guide you through your business finances.