By the numbers, with understanding.
12/8/2003
Not sure how to precisely gauge what every number in that financial statement represents? There's no need to be insecure, according to Derrick Niederman and David Boyum. Numbers are merely a way to communicate and analyze a quantitative situation, and this volume provides guidelines to give you full comprehension and assurance. The book presents a series of pithy essays on various numerical analytical situations such as ways to really grasp what those federal deficit figures mean and explaining ways that investors commonly misinterpret percentages and compound interest. One chapter provides various tricks or "games" used by highly effective quantitative thinkers like playing Jeopardy with yourself to ask, "What question does this number answer?" when trying to understand a seemingly impenetrable numerical value.