Encyclopaedia Of Problems & Solutions On Cost Accounting & Financial Management (3 Vol)

Financial management is important, interest- ing, and challenging. It is important because today’s capital investment decisions may de- termine the businesses that the firm is in 10, 20, or more years ahead. Also, a firm’s success or failure depends in large part on its ability to find the capital that it needs. Modern finan- cial management is not “rocket science.” It is a set of ideas that can be made clear by words, graphs, and numerical examples. We set out to show that modern finance and good finan- cial practice go together, even for the financial novice.