Business

TO REMEMBER:

• 1) Big Picture—10 axioms tie concepts together.
• 2) Relevance—PHLIP/CW & “How Manager's Use This Material.”
• 3) FinCoach—Solves student math problem.
• 4) Value—FREE on line study guide, free overhead calculator (for profs.), TI BAII calculator rebate, FREE FinCoach.

FEATURES/BENEFITS

• Ten Axioms of Finance—The fundamental principles that drive the practice of corporate finance. Shows students that finance is not merely the study of a set of unrelated topics, tools, and techniques, but is a very cohesive and directed study linked together by common underlying principles.
• Introduces the axioms in an intuitive way in Ch. 1, drawing students' attention to the logic that drives the techniques and tools. Revisits the axioms again and again in highlighted inserts—“Relate to the Big Picture” —throughout the text. This refocuses students' attention upon the underlying principles behind what is being done and prevents them from becoming so wrapped up in specific calculations that the interrelationships and overall scheme is lost. Ex. Pgs. 63,153, 402, 490
• NEW—“How Financial Managers Use This Material” —Concludes each chapter with an emphasis on actual business practices by using articles taken largely from the popular press, followed by analysis and implications.
• Ties the chapter material to real world companies and provides relevance. Demonstrates to students both the relevance of the topics discussed and the implementation of theory. Ex. Pgs. 377, 600
• NEW—Integrative, realistic problems—At the end of each chapter. Solutions provided to instructors in Microsoft PowerPoint.
• Helps students pull together all the major topics included in the chapter. Helps them understand that activities in finance have global applications and implications.
• NEW—New, relatively simple problems—Added to each chapter.
• Provides instructors with greater flexibility in homework assignments.
• NEW—Finance Center CD-ROM FREE in the back of the text—The CD-ROM consists of the following:
  —FinCoach Software—FinCoach software has an unlimited number of problems that allows students to practice the math of finance. FinCoach is integrated into the end of chapter problems so that students can practice in context of what they are learning.
  —Career Center—Explores the working life of finance professionals. There are video interviews with finance professionals explaining what they do every day, industry surveys of current salaries at all levels among finance professions, interview and resume writing tips, and other advice that will help students land their first job.
  —Web Center—A direct link to PHLIP/CW is located on the CD-ROM where the students can get current events, internet resources, and study help.
• Math support for students—The use of financial calculators is integrated throughout—especially with respect to the presentation of the time-value of money. Where appropriate, provides calculator solutions in the margin.
• Shows students learn how to use a financial calculator in context.
• Stop and Think segments—Interspersed throughout the text.
• Allows students to take time out and reflect upon the meaning of what has just been presented. Ex. Pgs. 218, 362, 693
• Basic Financial Management in Practice boxes are integrated throughout the text—The articles are from top newspapers, magazines, and financial journals. The articles are current and interesting. For example “Make a Child a Millionaire” , or “Sure Markets are Rational, Just Like Life.”
• Help students analyze current events, ethical dilemmas, personal finance, global events, etc., showing how the big picture of finance extends beyond the covers of this book. Ex. Pgs. 187, 275
• Unbiased coverage of ethics—Beginning with Ch. 1 and continuing throughout. Explains what ethics is and why it is correct, and gives examples of ethical dilemmas in finance. Includes ethics boxes spread throughout the text and three special ethics cases at the end of selected chapters.
• International finance—Woven throughout the text and discussed in an optional full chapter that deals directly with the topic (Ch. 22).
• Self-contained, stand-alone chapters—Because the axioms (and the “big picture” perspective) are woven into every chapter, the presentation of the text remains tight-regardless of how the chapters might be rearranged.
• Provides instructors with the flexibility to easily rearrange chapters to fit almost any desired course structure and course length.
• NEW—Revised coverage of Cost of Capital—Eliminates the discussion of breaks in the cost of capital schedule; considers market value added and economic profit; explains why a firm might choose to go public; discusses differences in capital costs across national boundaries (Ch. 12).
• NEW—Expanded coverage of Analysis and Impact of Leverage—Includes discussions of the Coca-Cola Company, Chevron Corporation, IBM, and Archer Daniels Midland Corporation. (Ch. 13).
• NEW—Extended chapter on Planning the Firm's Financing Mix—Includes a totally new introduction that draws upon financial policies at the Georgia-Pacific Corporation; includes actual examples on how firms design their capital structures and what influences their debt capacities; and stresses the relationship between financial strategy and operating (commercial) strategy (Ch. 14).
• NEW—Revised chapter on Corporate Restructuring: Combinations and Divestitures—Eliminates the discussion of '80s style LBO restructuring; and adds a discussion of agency problem arising out of the separation of ownership and management and the various approaches that can be taken to deal with them—including incentive based compensation, external oversight or monitoring, and the use of financial policies designed to minimize managerial choice (Ch. 21).
• NEW—Unique treatment of Value Based Management-VBM—Introduces the use of Economic Profit and Market Value Added as value-based performance tools. Discusses the use of these new performance tools in incentive compensation plans that are designed to reward employees for creating value for the firm's owners.
• Introduces students to the set of management tools designed to help firms manage their operations in such a way as to enhance shareholder value.

1. An Introduction to Financial Management.
Appendix: Methods of Depreciation.
2. The Role of Financial Markets and Interest Rates in Financial Management.
3. Evaluating a Firm's Financial Performance and Measuring Cash Flow.
4. Financial Forecasting, Planning, and Budgeting.
5. The Time Value of Money.
6. Risk and Rates of Return.
Appendix: Measuring the Required Rate of Return: The Arbitrage Pricing Model.
7. Bond Valuation.
8. Stock Valuation.
Appendix: The Relationship Between Value and Earnings.
9. Capital-Budgeting Decision Criteria.
10. Cash Flows and Other Topics in Capital Budgeting.
11. Capital Budgeting and Risk Analysis.
12. Cost of Capital.
13. Analysis and Impact of Leverage.
14. Planning the Firm's Financing Mix.
15. Dividend Policy and Internal Financing.
16. Working-Capital Management and Short-Term Financing.
17. Cash and Marketable Securities Management.
Appendix: Cash-Management Models: Split Between Cash and Near Cash.
18. Accounts Receivable, Inventory, and Total Quality Management.
19. Term Loans and Leases.
20. The Use of Futures, Options, and Currency Swaps to Reduce Risk.
Appendix: Convertible Securities and Warrants.
21. Corporate Restructuring: Combinations and Divestitures.
22. International Business Finance.
Appendix A: Using a Calculator.
Appendix B: Compound Sum of $1.
Appendix C: Present Value of $1.
Appendix D: Sum of an Annuity of $1 for n Periods.
Appendix E: Present Value of an Annuity of $1 for n Periods.
Appendix F: Solutions for Selected End-of-Chapter Problems.
Glossary.
Organization Index.
Subject Index.

Undergraduate Corporate Finance  [CORE TEXTS]   (Finance)

• 
  Financial Management: Principles and Applications, 10/E
  Keown, Martin, Petty & Scott
  ©2005 | Prentice Hall | Cloth; 880 pp | Instock
  ISBN-10: 0131450654 | ISBN-13: 9780131450653
  Suggested retail price: $194.00  Buy from myPearsonStoreNet price: $145.50  (What's this?)Brief Description

  

  For undergraduate courses in Corporate Finance and Financial Management.

  This text provides the theory you need with the practice you want. With its exciting integration of the Harley-Davidson company theme, this text continues to provide a solid, enduring foundation of the tools of modern theory in practice while at the same time developing the logic behind their use. This text uses “10 Principles of Finance” as a unifying framework to tie the major concepts of the book together.

• 
  Financial Management: Principles and Applications, CourseSmart eTextbook, 10/E
  Keown, Martin, Petty & Scott
  ©2005 | Prentice Hall | On-line Supplement; 880 pp | Instock
  ISBN-10: 0131288229 | ISBN-13: 9780131288225
  Online purchase price: $48.10Brief Description

  

  CourseSmart Textbooks Online is an exciting new choice for students looking to save money. As an alternative to purchasing the print textbook, students can subscribe to the same content online and save up to 50% off the suggested list price of the print text. With a CourseSmart etextbook, students can search the text, make notes online, print out reading assignments that incorporate lecture notes, and bookmark important passages for later review. For more information, or to subscribe to the CourseSmart eTextbook, visit www.coursesmart.com.

   

PHLIP/CW Web Site - Scott, 8/E
Prentice Hall
©1999 | Prentice Hall | On-line Supplement | Instock
ISBN-10: 0130962104 | ISBN-13: 9780130962102
This online resource is available at no cost at http://www.prenhall.com/keown.

PHLIP/CW Web Site - Scott, 8/E
Prentice Hall
©1999 | Prentice Hall | On-line Supplement | Instock
ISBN-10: 0130962104 | ISBN-13: 9780130962102
This online resource is available at no cost at http://www.prenhall.com/keown.

Spreadsheet Software, 8/E
Scott, Petty, Keown & Martin
©1999 | Prentice Hall | Software | Estimated Availability : 10/15/1998
ISBN-10: 0130814407 | ISBN-13: 9780130814401
Suggested retail price: $0.00Net price: $0.00  (What's this?)

PHLIP/CW Web Site - Scott, 8/E
Prentice Hall
©1999 | Prentice Hall | On-line Supplement | Instock
ISBN-10: 0130962104 | ISBN-13: 9780130962102
This online resource is available at no cost at http://www.prenhall.com/keown.

For Undergraduate Corporate Finance

MyFinanceLab 6-Month Student Access Code Card (standalone)
Prentice Hall
©2009 | Prentice Hall | Access Code Card | Instock
ISBN-10: 0136066445 | ISBN-13: 9780136066446
Suggested retail price: $106.67Net price: $80.00  (What's this?)

Prentice Hall Guide to Economist.com
Economist.com
©2002 | Prentice Hall | Paper | Instock
ISBN-10: 0130668346 | ISBN-13: 9780130668349
Suggested retail price: $20.00Net price: $15.00  (What's this?)

FinCoach 2.0: CD-ROM Edition
Handa
©2002 | Prentice Hall | CD-ROM Only | Instock
ISBN-10: 0130606189 | ISBN-13: 9780130606181
Suggested retail price: $50.67  Buy from myPearsonStore
Net price: $38.00  (What's this?)

Wall Street Journal User's Guide, The
Addison-Wesley
©2004 | Prentice Hall | Paper | Instock
ISBN-10: 0321267001 | ISBN-13: 9780321267009
Suggested retail price: $0.00Net price: $0.00  (What's this?)

PHLIP/CW Web Site - Scott, 8/E
Prentice Hall
©1999 | Prentice Hall | On-line Supplement | Instock
ISBN-10: 0130962104 | ISBN-13: 9780130962102
This online resource is available at no cost at http://www.prenhall.com/keown.

Pearson Higher Education offers special pricing when you choose to package your text with other student resources. If you're interested in creating a cost-saving package for your students contact your Pearson Higher Education representative.