The subject of financial management is gaining importance in the context of today's business environment. This book attempts to provide a clear understanding of the fundamentals of the subject, including the concepts, theories, models, tools and techniques, and their applications. Its focus on logical discussion, where it is needed for contextual understanding of the topic, makes the book different from others. Fundamentals of Financial Management is a useful resource for undergraduate students of management and commerce, as well as for practising managers. Key Features • Logical progression of text, from fundamentals and concepts to theories, techniques, and their applications. • Discussion of various tools and their applications in decision making in the context of the situation. • Explanation of various functions of Excel spreadsheet for different applications. • Pedagogical elements to help in better learning—objective questions, worked out examples, as well as unsolved problems.
What are the project's annual cash flows in Years 1, 2, and 3? c. If the WACC is 12%, ... 12-10 REPLACEMENT ANALYSIS The Dauten Toy Corporation currently uses an injection molding machine that was purchased 2 years ago.
The tenth edition features InfoTrac college edition access.
The market leader, Brigham/Houston continues to grow in reputation as the most effective approach for learning basic finance principles, tools, and applications.
This book's unique balance of clear concepts, contemporary theory, and practical applications helps readers better understand the concepts and reasons behind corporate budgeting, financing, and working capital decision making.
Fundamentals of Financial Management
This concise edition emphasizes the concept of valuation and Time Value of Money (TVM) early, giving you time to absorb the concepts fully.
... that is, what is the Year 0 project cash flow? c. What are the project's annual cash flows during Years 1, 2, and 3? d. Should the machine be purchased? Explain your answer. 12-10 REPLACEMENT ANALYSIS The Dauten Toy Corporation ...
This book's unique balance of clear concepts, contemporary theory, and practical applications helps readers better understand the concepts and reasons behind corporate budgeting, financing, and working capital decision making.
Fundamentals of Financial Management
This new edition, expanded with the addition of four new chapters, helps students develop an essential understanding of how financial management plays a positive role in strategic management of organisations.