Key Benefit: Complex material is clarified with Gitman and Zutter’s hallmark learning system. Principles of Managerial Finance, Fourteenth Edition weaves learning aids into concepts and practice, giving readers a roadmap to follow throughout.Several features–including Why This Chapter Matters and Personal Finance Examples–show the value of applying financial principles and techniques to everyday life.
Key Topics: The Role of Managerial Finance; The Financial Market Environment; Financial Statements and Ratio Analysis; Cash Flow and Financial Planning; Time Value of Money; Interest Rates and Bond Valuation; Stock Valuation; Risk and Return; The Cost of Capital; Capital Budgeting Techniques; Capital Budgeting Cash Flows; Risk and Refinements in Capital Budgeting; Leverage and Capital Structure; Payout Policy; Working Capital and Current Assets Management; Current Liabilities Management; Hybrid and Derivative Securities; Mergers, LBOs, Divestitures, and Business Failure; International Managerial Finance.
Key Market: For individuals seeking a practical introduction to finance.