Foundations of Finance: The Logic and Practice of Financial Management - Hardcover

Keown, Arthur J.; Martin, John D.; Petty, J. William

Hardcover

ISBN 10: 0132339226 ISBN 13: 9780132339223

Publisher: Pearson College Div, 2007

Synopsis

KEY BENEFIT: Keown allows readers to see the big picture by letting them understand the logic that drives finance rather than memorizing formulas. Very user friendly, the basic pedagogical approach to the presentation of new tools and techniques is “say it” then “illustrate it with an example” and reinforce with lots of “real world examples”. As well as including strong international coverage some key topics are: Financial Markets and Interest Rates; Understanding Financial Statements and Cash Flows; Time Value of Money; Risk and Return; Bond and Stock Valuation; Capital-Budgeting Techniques and Practice; Cash Flows and Other Topics in Capital Budgeting; and Current Asset Management. For an enduring understanding of the basic tools and fundamental principles upon which finance is based.

About this title

From the Publisher

The first to answer the need for a briefer finance text, this text consists of eighteen chapters covering the core topics of finance. Nine fundamental axioms of finance are introduced in the first chapter and revisited throughout the text to present an integrated view of finance and aid in problem solving. International finance, ethics, and practical applications are integrated, in-text problems correspond to Disclosure software, and the use of the financial calculator is incorporated.

From the Back Cover

Accessible to non-finance and finance professionals alike, this book explores 10 easy-to-understand core principles (axioms) that drive the practice of corporate finance. Eliminating non-essential material and keeping mathematics to a minimum, it features an intuitive approach that helps readers develop a solid understanding of the logic that drives finance—rather than concentrating on easily forgotten formulas and calculations which may not neatly fit all the situations encountered in the real world. Features in-the-trenches interviews with business professionals, a refresher on Understanding Financial Statements and Cash Flows, and frequent Financial Management in Practice boxes. The Financial Markets and Interest Rates. Understanding Financial Statements and Cash Flows. Evaluating a Firm's Financial Performance. The Time Value of Money. The Meaning and Measurement of Risk and Return. Valuation and Characteristics of Bonds. Valuation and Characteristics of Stock. Capital-Budgeting Techniques and Practice. Cash Flows and Other Topics in Capital Budgeting. Cost of Capital. Determining the Financing Mix. Dividend Policy and Internal Financing. Financial Forecasting, Planning, and Budgeting. Introduction to Working-Capital Management. Liquid Asset Management. International Business Finance. For anyone involved in Corporate Finance and Financial Management.

Edition details

• Publisher: Pearson College Div
• Publication date: 2007
• ISBN 10: 0132339226
• ISBN 13: 9780132339223
• Binding: Hardcover
• Language: English
• Edition number: 6
• Number of pages: 584