Among the most concrete and effective decision-making tools in any business operation or private investment are FINANCIAL STATEMENTS.rnrnHere at last is a book that makes financial statements truly easy to understand whether you are an executive or investor interested in profits, or a student of business administration.rnrnNO PREVIOUS KNOWLEDGE OF ACCOUNTING IS NEEDED.rnJohn N. Myer gives a complete working explanation of statements such as rnFinancial Position • Income and Retained Earnings • Cash Flow • Manufacturing Costs • Cost-Volume-Profit Analysis • Break-Even PointrnrnMaking full use of specif ic case histories, the author explains exactly how the accountant's statements are obtained, what they mean, and how they can be used to further profits.rnJ0HN N. MYER is the author of the tremendously successful books Accounting for Non-Accountants, Financial Statement Analysis and What the lnvestor Should Know About Corporate Financial Statements three of the most widely used books of their kind. A teacher for over thirty years, he is a frequent contributor to business periodicals, and a consultant to industry on executive training.