chapter  Chapter 11
17 Pages

Interrogating the accounts

WithBob Stewart

At the end of this chapter readers will be able to:

explain why it is so important to have a method for accurately and succinctly assessing the financial performance of sport enterprises

understand the importance of using multiple data sets to assist in this process

explain what is meant by the term ‘ratio analysis’

calculate ratios for profitability, liquidity, long-term indebtedness, efficiency and net worth.