Contemporary Financial ManagementThis successful book provides a comprehensive and contemporary introduction to financial management, with a focus on shareholder wealth maximization and cash flow management. It also includes an emphasis on the international aspects of financial management. Ethical issues faced by managers and the increased impact of the Internet in finance are also covered. This edition reflects the changing focus on finance areas, including the addition of the discounted payback period, more on risk management, and material on the dividend practices of foreign firms. Unnecessary mathematical detail has been reduced-without loss of substantive material-to make the book more user-friendly. Shorter summaries, an end-of-book glossary and International, ethics, and entrepreneurial boxed features have been added to aid in reader comprehension. |
Contents
Introduction | 1 |
Maximizing Shareholder Wealth | 7 |
Cash Flow | 16 |
Copyright | |
76 other sections not shown
Other editions - View all
Contemporary Financial Management R. Charles Moyer,James R. McGuigan,William J. Kretlow No preview available - 2001 |
Common terms and phrases
40 percent accounts receivable additional after-tax amount analysis annual annuity Assume average balance sheet bank bankruptcy beta bonds borrow calculated capital budgeting capital markets capital structure cash flows Chapter common stock company's computed considering corporate cost of capital current assets decisions depreciation determine discount discussed dividend policy dollar earnings per share EBIT equal Equation estimated example exchange rate expected return factors financial leverage financial management firm firm's forecasts funds future increase industry interest rate INTERMEDIATE inventory investment investors issue lease lender liabilities loan long-term debt marginal tax rate market value maturity ment merger million net present value operating option period portfolio preferred stock present value pretax problems production profit purchase rate of return ratio required rate sell short-term standard deviation stock price systematic risk Table tion Total assets trading U.S. dollars valuation variable yield yield to maturity