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In this tutorial, the speaker emphasizes the importance of understanding financials as a manager. They walk through a restaurant example, discussing the value of financial tools like a P&L. They explain that P&Ls show income and expenses over time, with the income section detailing money coming in and the expenses section showing money going out. The net income is calculated by subtracting expenses from income. Understanding this process is crucial for managers to impact the overall financials of their organization.
