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 90
... shows how the profit margin , the assets turnover ratio , and the equity mul- tiplier combine to determine the ROE : ROE = ( Profit margin ) ( Total assets turnover ) ( Equity multiplier ) Net income Sales Sales Total assets X Total ...
... shows how the profit margin , the assets turnover ratio , and the equity mul- tiplier combine to determine the ROE : ROE = ( Profit margin ) ( Total assets turnover ) ( Equity multiplier ) Net income Sales Sales Total assets X Total ...
Page 241
... shows the interest rate , entered as a decimal number , 0.05 . Row 2 shows the periods for the time line . With Microsoft Excel , you could enter 0 in Cell B2 , then the formula = B2 + 1 in Cell C2 , and then copy this formula into ...
... shows the interest rate , entered as a decimal number , 0.05 . Row 2 shows the periods for the time line . With Microsoft Excel , you could enter 0 in Cell B2 , then the formula = B2 + 1 in Cell C2 , and then copy this formula into ...
Page 476
... shows the cash flows associated with the termination of the project . To begin , Line 12 shows the estimated salvage value of the new machine at the end of its five - year life , $ 2,000.5 Line 13. Since the book value of the new ...
... shows the cash flows associated with the termination of the project . To begin , Line 12 shows the estimated salvage value of the new machine at the end of its five - year life , $ 2,000.5 Line 13. Since the book value of the new ...
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