Principles of Managerial Finance Brief plus MyFinanceLab Student Access Kit, 4/E

Lawrence J. Gitman, San Diego State University

Publisher: Addison-Wesley
Copyright: 2006
Format: Cloth Package

ISBN-10: 0321478924
ISBN-13: 9780321478924

Our Price: £48.99
This title is ordered on demand which may result in extended delivery times.

Description

Gitman's Brief Fourth Edition approaches introductory finance with a focused concentration on the fundamental concepts, techniques, and practices of managerial finance. Through a proven, fully integrated learning system, this streamlined text provides students with a road map through the content. The overarching organization of the text is designed to conceptually link a firm's actions to its value as determined in the securities markets. Each major decision area is presented in terms of both risk and return factors and the potential impact on the owner's wealth.

Every new textbook comes with MyFinanceLab (formerly known as FinanceWorks), Addison-Wesley's online homework, testing, and tutorial system. MyFinanceLab saves instructors time with automatically graded homework, and gives students the benefit of individualized study plans, unlimited practice, and immediate feedback.

Table Of Contents

I. INTRODUCTION TO MANAGERIAL FINANCE.

1. The Role and Environment of Managerial Finance.

2. Financial Statements and Analysis.

3. Cash Flow and Financial Planning.

II. IMPORTANT FINANCIAL CONCEPTS.

4. Time Value of Money.

5. Risk and Return.

6. Interest Rates and Bond Valuation.

7. Stock Valuation.

III. LONG-TERM INVESTMENT DECISIONS.

8. Capital Budgeting.

9. Capital Budgeting Techniques: Certainty and Risk.

IV. LONG-TERM FINANCIAL DECISIONS.

10. The Cost of Capital.

11. Leverage and Capital Structure.

12. Dividend Policy.

V. SHORT-TERM FINANCIAL DECISIONS.

13. Working Capital and Current Assets Management.

14. Current Liabilities Management.

WEB CHAPTERS

Financial Institutions and Markets.

International Managerial Finance.

APPENDIXES.

A: Financial Tables.

B: Solutions to Self-Test Problems.

C: Answers to Selected End-of-Chapter Problems.

Sources.

Index.

Features

Gitman’s proven learning system begins by introducing learning goals at the start of each chapter, and then clearly and consistently reinforcing key concepts in context. End-of-chapter materials summarize and review the learning goals, and the system even carries over into supplemental materials.

Focus on Value, at the end of each chapter, reinforces the link between the financial manager's actions and share value.

This revision brings new examples, new pedagogical features, and an increased emphasis on the ethical implications of financial decisions add currency and depth to the text's effective, consistent framework for learning. The new focus on ethics explores such provocative topics as trusting bond raters and ethical accounting practices.

Across the Disciplines opens every chapter with a discussion of the intersection of the finance topics covered in the chapter with the concerns of other major business disciplines.

A diverse set of pedagogical aids, using real-world examples and exercises, foster students' comprehension of both theory and practice.
-        New and Updated ‘In Practice’ boxes focus readers on important topics using real-world companies to explore areas of Practice, and, new to this edition, Ethics and Global Issues.
-        Spreadsheet Exercises at the end of every chapter and Spreadsheet Solutions in selected chapters demonstrate how many finance problems can be solved using Excel.
-        Marginal Notes enrich text discussion and Key Equations highlight the most important mathematical information.
-        End-of-Chapter Summaries, Warm-Up Exercises, and Problems are tied to Learning Goals.
-        New Warm-Up Exercises, Ethical Problems, Spreadsheet Exercises, and Group Exercises strengthen the pedagogical framework. The totally revised Web Exercises offer students opportunities to solve problems with data and financial information from a variety of online sources.
-        Chapter Cases apply key concepts to a complex, realistic situation.

New To This Edition

An increased attention to ethical issues, including Ethics in Practice boxes, with Critical Thinking Questions and Ethics Problems, in every chapter and enhanced coverage of the Sarbanes-Oxley Act.

New Warm-Up Exercises prepare students to tackle more complex exercise sets.

New Group Exercises link to learning goals and provide a format for students to work together to run a hypothetical company and solve various financial issues throughout the course.

New Spreadsheet Exercises offer the opportunity for beneficial practice with Excel.

New Web Chapter–Financial Institutions and Markets.

New Web Chapter–International Managerial Finance.

New coverage of corporate governance (in Chapter 1).

New coverage of behavioral finance (in Chapter 7).

A discussion of multiple IRRs (in Chapter 9).

Discussion of the new tax treatment of dividends (in Chapter 12).

Revised discussion of economic value added (EVA®), which has been moved to Chapter 10.

Student Supplements

Instructor Supplements