Essentials of Managerial Finance

by Besley, Scott

• ISBN13: 9780324422702
• ISBN10: 0324422709
• Edition: 14th
• Format: Hardcover
• Copyright: 2007-05-24
• Publisher: Cengage Learning

Summary

Trust the book that has already helped hundreds of thousands of students like you understand the importance of managerial finance theory and the practical impact these principles have on business today.This leading ESSENTIALS OF MANAGERIAL FINANCE, 14e offers a well-written, understandable, complete introduction that equips you with the basic financial management tools you need for business success. This edition's 18 chapters cover all the topics you need, including accounting statements, security markets, interest rates, taxes, risk analysis, time value of money, and the basics of security valuation.As practical as it is thorough, this edition's clear, concise, proven presentation style blends theory with a practical application of what you've learned. Actual industry examples show how financial principles operate within businesses throughout the world. This edition highlights topics of growing importance in business today, such as multinational finance and resolving ethical dilemma.An emphasis on Excel and the use of financial calculators prepares you to effectively use these important financial tools. Chapter openers, self-tests throughout each chapter, and useful chapter summaries ensure you understand and can connect financial management to today's business world.Thomson ONE: Business School Edition, packaged free with each new text, gives you access to the same research tools that finance professionals use everyday. You can further maximize your study time and efficiently complete assignments with this edition's innovative new ThomsonNOW'„¢ online learning system that helps you focus on the areas of managerial finance you still need to master with multimedia tools and tutorials that prepare you for success.

Table of Contents

Introduction to Managerial Finance

An Overview of Managerial Finance

Essential Concepts in Managerial Finance

Analysis of Financial Statements

The Financial Markets and the Investment Banking Process

The Time Value of Money

Valuation--Financial Assets

The Cost of Money (Interest Rates)

Bonds--Characteristics and Valuation

Stocks--Characteristics and Valuation

Risk and Rates of Return

Valuation--Real Assets (Capital Budgeting)

Capital Budgeting Techniques

Project Cash Flows and Risk

Cost of Capital, Leverage, and Dividend Policy

The Cost of Capital

Capital Structure

Dividend Policy

Working Capital Management

Working Capital Policy

Managing Short-Term Assets

Managing Short-Term Liabilities (Financing)

Strategic Planning and Financing Decisions

Financial Planning and Control

Alternative Financing Arrangements and Corporate Restructuring

Mathematical Tables

Solutions to Self-Test Problems

Answers to End-of-Chapter Problems

Selected Equations

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