Essentials of Corporate Finance: Test Bank

 
9780073039213: Essentials of Corporate Finance: Test Bank
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"Essentials of Corporate Finance, 7th Edition" by Ross, Westerfield, and Jordan is written to convey the most important concepts and principles of corporate finance at a level that is approachable for a wide audience. The authors retain their modern approach to finance, but have distilled the subject down to the essential topics in 18 chapters. They believe that understanding the 'why' is just as important, if not more so, than understanding the 'how', especially in an introductory course. Three basic themes emerge as their central focus: an emphasis on intuition - separate and explain the principles at work on a common sense, intuitive level before launching into specifics. Underlying ideas are discussed first in general terms, then followed by specific examples that illustrate in more concrete terms how a financial manager might proceed in a given situation. A unified valuation approach - Net Present Value is treated as the basic concept underlying corporate finance. Every subject the authors cover is firmly rooted in valuation, and care is taken to explain how decisions have valuation effects. A managerial focus - students learn that financial management concerns management. The role of financial manager as decision maker is emphasized and they stress the need for managerial input and judgment.

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About the Author:

Stephen A. Ross Sloan School of Management, Franco Modigliani Professor of Finance and Economics, Massachusetts Institute of Technology Stephen A. Ross is the Franco Modigliani Professor of Finance and Economics at the Sloan School of Management, Massachusetts Institute of Technology. Randolph W. Westerfield Marshall School of Business, University of Southern California Randolph W. Westerfield is Dean Emeritus of the University of Southern California's Marshall School of Business and is the Charles B. Thornton Professor of Finance. Bradford D. Jordan Gatton College of Business and Economics, University of Kentucky Bradford D. Jordan is Professor of Finance and holder of the Richard W. and Janis H. Furst Endowed Chair in Finance at the University of Kentucky.

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Stephen A. Ross, Bradford D. Jordan, Randolph Westerfield
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Stephen A. Ross, Bradford D. Jordan, Randolph Westerfield
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