Enables students in an introductory MBA course in finance to see how analytical techniques are brought to bear on financial decision making and to evaluate how close a firm's investment, financing, and dividend decisions come to an objective of maximizing shareholder wealth. Three new cases deal with setting up cash flows for capital budgeting along with payback, IRR, and NPV calculations; comprehensive long-term financing; and financial rations. A laminated calculator guide for financial management is included. Annotation c. by Book News, Inc., Portland, Or.
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This book is highly respected for its effective integration of financial theory and practice. This classic book explores the rapidly evolving and exciting theory of finance as it relates to a corporation's investment in assets, financing, and dividends. It explains the ways in which analytical techniques are brought to bear on financial decision making, and supplies the institutional material necessary for a solid understanding of the environment in which financial decisions are made. For anyone interested in the world of finance.
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