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With the same contemporary approach and dynamic examples that made previous editions so popular, FUNDAMENTALS OF FINANCIAL MANAGEMENT, 14e continues to provide students with a focused understanding of today's corporate finance and financial management. This market-leading text offers a unique balance of clear concepts, contemporary theory, and practical applications in order to help students understand the concepts and reasons behind corporate budgeting, financing, working capital decision making, forecasting, valuation, and Time Value of Money (TVM). Offering the most cutting-edge coverage available, the Fourteenth Edition includes discussions of the federal debt, the ongoing recovery of financial markets, and the European debt crisis. Numerous practical examples, Quick Questions, and Integrated Cases demonstrate theory in action. Important Notice: Media content referenced within the product description or the product text may not be available in the ebook version.
Intended as an introductory course, this text contains updated institutional material which is international in scope and deals with the effects of electronic commerce. It provides tips, questions and answers and special features.
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.
With the growing complexities involved in corporate financial decisions, financial management has undergone a sea change in recent years. Fundamentals of Financial Management focuses on keeping readers abreast of these changes and acquainting them with the theoretical concepts and analytical tools in the field of financial management. Readers new to the subject, and especially those not well versed with business terminology, will find this book invaluable.