Principles of Managerial Finance, 16th Edition, 9781292400648

Description

For introductory courses in managerial finance.

Help students apply financial concepts to solve real world problems with a proven teaching and learning framework 

The Teaching and Learning System—a hallmark feature of Principles of Managerial Finance—weaves pedagogy into concepts and practice, giving students a roadmap to follow through the text and supplementary tools. The 15th Edition concentrates on the material students need to know in order to make effective financial decisions in an increasingly competitive business environment. It allows students to make the connections between a firm’s action and its value, as determined in the financial market. With a generous amount of examples, this text is an easily accessible resource for in- and out-of-class learning 

Table of Contents

PART I: INTRODUCTION TO MANAGERIAL FINANCE  

1. The Role of Managerial Finance 

2. The Financial Market Environment  

PART II: FINANCIAL TOOLS

3. Financial Statements and Ratio Analysis

4. Long and Short-term Financial Planning

5. Time Value of Money

PART III: VALUATION OF SECURITIES

6. Interest Rates and Bond Valuation

7. Stock Valuation

PART IV: RISK AND THE REQUIRED RATE OF RETURN

8. Risk and Return  

9. The Cost of Capital  

PART V: LONG-TERM INVESTMENT DECISIONS

10. Capital Budgeting Techniques

11. Capital Budgeting Cash Flows

12. Risk and Refinements in Capital Budgeting  

PART VI: LONG-TERM FINANCIAL DECISIONS  

13. Leverage and Capital Structure

14. Payout Policy

PART VII: SHORT-TERM FINANCIAL DECISIONS  

15. Working Capital and Current   Assets Management  

16. Current Liabilities Management  

PART VIII: SPECIAL TOPICS IN MANAGERIAL FINANCE  

17. Hybrid and Derivative Securities  

18. Mergers, LBOs, Divestitures, and Business Failure  

19. International Managerial Finance