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Schaum's Quick Guide to Business Formulas: 201 Decision-Making Tools for Business, Finance, and Accounting Students 1st Edition

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Joel G. Siegel (Author)
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Joel G. Siegel (Author),
Jae K. Shim (Author)
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Jae K. Shim (Author), Stephen W. Hartman (Author)
4.2 out of 5 stars 19 customer reviews
ISBN-13: 978-0070580312
ISBN-10: 0070580316
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Product Details

  • Series: Schaum's Quick Guides
  • Paperback: 368 pages
  • Publisher: McGraw-Hill Education; 1 edition (November 22, 1997)
  • Language: English
  • ISBN-10: 0070580316
  • ISBN-13: 978-0070580312
  • Product Dimensions: 5.9 x 0.9 x 8.8 inches
  • Shipping Weight: 1.2 pounds (View shipping rates and policies)
  • Average Customer Review: 4.2 out of 5 stars  See all reviews (19 customer reviews)
  • Amazon Best Sellers Rank: #360,056 in Books (See Top 100 in Books)

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Customer Reviews

Top Customer Reviews

5.0 out of 5 starsNot just for students
By Linda Zarate on May 27, 2002
Format: Paperback
This is a reprint of "McGraw-Hill Pocket Guide to Business Finance: 201 Decision-Making Tools for Managers" with a single difference. The now out-or-print book came with a runtime version of MathCAD and formulas for using each of the tools, while this new version does not. Also, don't let the title fool you - this book is as useful to working professionals as it is to students.
The 201 tools contained in this small, highly useful book range from Acid Test (doing a quick ratio of financials) to Z-Scores. Each tool is listed alphabetically, its use explained, and instructions on how to use it is provided. What I particularly liked is the worked examples that accompany each tool.
As an IT consultant who specializes in service delivery this book is not one I would normally include in my professional library. I was introduced to it when a colleague and I were writing a white paper on recovery management. We were searching for a way to link business imperatives to justification for investment in recovery strategies. We found one piece of the puzzle in this book - the Altman Z-Score. This tool predicts whether or not a company is likely to enter into bankruptcy within one or two years. This led to the development of a copyrighted model that addressed survival level objectives, and also became a key part of the Tarrani-Zarate Information Technologies Management Model. All this from a single entry in a small book!
Aside from discovering a relatively obscure, but important, tool I also found other useful tools in this book. Because I am not a business consultant or financial expert the tools were like a cram course in financial management for non-financial people.Read more ›
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5.0 out of 5 starsGREAT!
By A Customer on January 11, 2002
Format: Paperback
This book saved me through four accounting courses three finance courses and two real estate courses. It is well organized and easy to locate any formula that is needed.
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3.0 out of 5 starsAn OK reference book
By A. Bentley on May 3, 2009
Format: Paperback
I use a few books as reference books during my ratio analysis of a companies position, and this one is just a backup. It's got tons of formulas, but most of the ones included in THIS book, you NEVER need to use in an analysis of financial statements.

The book seriously lacks explanations of what the ratios and formulas mean. It just vaguely states at the end of each formula who might use it and why, but doesn't go into the detail you'd want. The book just doesn't sit right. If you want a good reference book for ratio analysis of financial statements, than get "Business Ratios and Formulas: A Comprehensive Guide" By Steven M. Bragg
1 Comment 16 people found this helpful. Was this review helpful to you? Yes No Sending feedback...
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5.0 out of 5 starsEffective refresher ... Efficient reference
By HMC on January 6, 2007
Format: Paperback Verified Purchase
I recommend this text to financial professionals I teach ... VERY helpful to clear the cobwebs several years after college!
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4.0 out of 5 starsNice Handbook for Accounting students
By Rav on February 20, 2007
Format: Paperback
The book is a nice handbook for students majoring in Finance and Accounting students. It has all the necessary explanations of the formulas along with good examples.As a person with some exposure to Finance and Accounting,I found the book to be extremely useful for students and pros in this field.
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4.0 out of 5 starsit is what it is
By Ray C on May 2, 2013
Format: Paperback Verified Purchase
It gives you formulas, as the title promises. Its a fine read, with plenty of examples for each formula. Not a bad book, but buy it used.
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4.0 out of 5 starsA great compendium of useful business formulas
By Uncle Fester on July 21, 2015
Format: Paperback Verified Purchase
A great compendium of useful business formulas. Unfortunately, they book is a bit dated. Still this is a useful reference.
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5.0 out of 5 starsSo much formulas, I have had a lot of fun applying them
By Marcelo Lascano on September 3, 2013
Format: Paperback Verified Purchase
Just the right info in the right amount with exercises! Easy to apply and to enter new topics. Great buy and price!
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Most Recent Customer Reviews

5.0 out of 5 starsFive Stars

helpful

Published 4 months ago by Geneth W.
5.0 out of 5 starsGood book

Very useful book.

Published 10 months ago by Vittorio
5.0 out of 5 starsFive Stars

Great book, great service by Amazon

Published 10 months ago by Alex Pitt
2.0 out of 5 starsNot for Non Accounts

The example are not well explained for the formula application

Published 16 months ago by siradio bah
5.0 out of 5 starsFabulous!

This is awesome! It has every formula I need for managerial accounting plus formulas for finance and business!

Published 18 months ago by Ariana
5.0 out of 5 starsFive Stars

Excellent book!

Published 18 months ago by C.Chu
4.0 out of 5 starsFour Stars

I purchased this book for class but am still using it long after in the workplace.

Published 20 months ago by Karl D. Breitbarth
1.0 out of 5 starsOut of Date

Copyright 1998. Due to the dynamic nature of business environments, many formulas have long since changed. Not a good accountant's reference book.

Published on June 13, 2012 by penumbrook
5.0 out of 5 starsUsed Schaum's Since the Early 70s - Love All of them

Great prodcuts and references - every one I have ever bought ... which must number 40 or 50 or them by now.

Published on January 4, 2011 by Jim
4.0 out of 5 starsWell Worth the Money!!!!!!!!!!!!!!!!!!

I absolutely love this book. It is a must for any finance professional. I am a financial analyst and always find myself referring to this book as a quick reference during many... Read more

Published on February 22, 2010 by Ash

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