Financial Management: Theory and PracticeContinuing the four goals from the first edition, i.e. helping students to make good financial decisions, providing a solid text for the introductory MBA course, motivating students by demonstrating finance is relevant and interesting, and presenting the material clearly, this Tenth Edition promises to be the best yet. Written by a highly-acclaimed, best selling, author team, this text remains the only MBA-level text to present a balance of financial theory and applications. |
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Page 36
... balance sheet ( $ 615 million ) . It could have used the LIFO ( last - in , first - out ) method . During a period of rising prices , by taking out old , low - cost inventory and leaving in new , high - cost items , FIFO will produce a ...
... balance sheet ( $ 615 million ) . It could have used the LIFO ( last - in , first - out ) method . During a period of rising prices , by taking out old , low - cost inventory and leaving in new , high - cost items , FIFO will produce a ...
Page 805
... balance on its bank records . Some firms indicate that they never have positive book cash balances . One large ... balance of about $ 20 million , its book cash balance is minus $ 20 million — it has $ 40 million of net float . Obviously ...
... balance on its bank records . Some firms indicate that they never have positive book cash balances . One large ... balance of about $ 20 million , its book cash balance is minus $ 20 million — it has $ 40 million of net float . Obviously ...
Page 872
... balances plus a practical approach to setting the target cash balance . The Baumol Model William Baumol first noted that cash balances are , in many respects , similar to inven- tories , and that the EOQ inventory model , which will be ...
... balances plus a practical approach to setting the target cash balance . The Baumol Model William Baumol first noted that cash balances are , in many respects , similar to inven- tories , and that the EOQ inventory model , which will be ...
Contents
CHAPTER | 1 |
AN OVERVIEW OF FINANCIAL MANAGEMENT | 3 |
CHAPTER | 17 |
Copyright | |
49 other sections not shown
Common terms and phrases
12 percent after-tax analysis annual annuity assume average balance sheet bank beta beta coefficient bonds capital budgeting capital gains capital structure CAPM Chapter common equity common stock company's corporate cost of capital cost of equity coupon decision depreciation discussed dividend policy dollar EBIT effect Equation estimate example expected rate expected return financial calculator Financial Management firm firm's fixed assets flotation costs forecast free cash flow funds future growth rate higher income increase inflation interest rates inventory investment investors issue lease leverage loan long-term market risk market value maturity MicroDrive MicroDrive's million NOPAT Note operating payments payout portfolio preferred stock present value problem profit rate of return ratio required rate retained earnings risk premium risk-free rate risky securities SELF-TEST QUESTIONS sell share shareholders short-term stock price stockholders tax rate WACC yield yield to maturity zero