Prentice Hall

Business

Browse available resources for Finance:



Fundamentals of Financial Management, 12/E
James C. Van Horne, Stanford University
John M Wachowicz, The University of Tennessee

ISBN-10: 0273685988
ISBN-13: 9780273685982

Publisher: Prentice Hall
Copyright: 2005
Format: Paper; 736 pp
Published: 11/15/2004

Suggested retail price: $137.33
Buy from myPearsonStore

Fundamentals of Financial Management, 12th Edition provides the route to understanding the financial decision-making process and to interpreting the impacts that financial decisions have on value creation.

Ideal for those new to financial management, this text covers the entire financial decision-making process, introducing the three major areas in financial management ? investment, financing and asset management. Also suitable for those studying for professional qualifications.

 

    • Logical organization and clear writing style ? Introduces the principles of financial returns and valuation early on and carries the notion of risk-verses-return throughout, which helps students get to grips with the core principles.
    • An International scope allows students to explore the global dimensions of financial management
    • In-depth treatment of working capital management to better prepare students to deal with these issues in their working life.
    • Extensive coverage of capital budgeting issues, including managerial or real options
    • 12 end of chapter appendices on specialised topics allow flexibility in the use of the book.
    • OneKey Resource Package, including author?s own award winning site. Contain hundreds of categorised and annotated weblinks, multiple choice quizzes, web-exercises, PowerPoint slides, solutions to questions.

 

  • New section on corporate governance, including the role of the Board of Directors, which provides students with knowledge of current 'hot topics'.
  • Learning objectives included at the start of each chapter to guide learning
  • Dozens of new real business examples from around the world, which help to engage the students.
  • Enhanced coverage of international financial management issues, which will help students get a global picture.
  • New section on ?Inventory Control, Supply Chain Management, and the Internet? introduces new terms like Business-to-Business (B2B) and B2B Exchange
  • 18 new terms defined in both running Glossary and end-of-book cumulative Glossary keeps students up to date with emerging terms.

PART ONE: INTRODUCTION TO FINANCIAL MANAGEMENT
1. The Role of Financial Management
2. The Business, Tax and Financial Environments
PART TWO: VALUATION
3. The Time Value of Money
4. The Valuation of Long-Term Securities
5. Risk and Return
Appendix A: Measuring Portfolio Risk
Appendix B: Arbitrage Pricing Theory
PART THREE: TOOLS OF FINANCIAL ANALYSIS AND PLANNING
6. Financial Statement Analysis
Appendix: Deferred Taxes and Financial Analysis
7. Funds Analysis, Cash-Flow Analysis, and Financial Planning
Appendix: Sustainable Growth Modeling
PART FOUR: WORKING CAPITAL MANAGEMENT
8. Overview of Working Capital Management
9. Cash and Marketable Securities Management
10. Accounts Receivable and Inventory Management
11. Short-Term Financing
PART FIVE: INVESTMENT IN CAPITAL ASSETS
12. Capital Budgeting and Estimating Cash Flows
13. Capital Budgeting Techniques
Appendix A: Multiple Internal Rates of Return
Appendix B: Replacement Chain Analysis
14. Risk and Managerial Options in Capital Budgeting
PART SIX: THE COST OF CAPITAL, CAPITAL STRUCTURE, AND DIVIDEND POLICY
15. Required Returns and the Cost of Capital
Appendix A: Adjusting the Beta for Financial Leverage
Appendix B: Adjusted Present Value
16. Operating and Financial Leverage
17. Capital Structure Determination
18. Dividend Policy
PART SEVEN: INTERMEDIATE AND LONG-TERM FINANCING
19. The Capital Market
20. Long-Term Debt, Preferred Stock, and Common Stock
Appendix: Refunding A Bond Issue
21. Term Loans and Leases
Appendix: Accounting Treatment of Leases
PART EIGHT: SPECIAL AREAS OF FINANCIAL MANAGEMENT
22. Convertibles, Exchangeables, and Warrants
Appendix: Option Pricing
23. Mergers and Other Forms of Corporate Restructuring
Appendix: Remedies for a Failing Company
24. International Financial Management

Do you want to understand the impacts financial decisions have on the value of companies? Ideal for those new to financial management, this sparklingly clear text cuts through the mire of the financial decision-making process. A practical and reliable book, free from technical errors, backed up by a wealth of award-winning support material. Fundamentals of Financial Management is your route to understanding the impacts of financial decisions on value creation.

Covers the 3 key areas of financial management decisions:

*investment

*financing

*asset management

"wonderful book" Enrico Gallina, The European School of Economics, Italy

"this is the best book I have found so far" Jean Bellemans, VUB, Belgium

"A classic book that is probably the best that has been written. My students like the book. I find it very significant that the students are not confused by the material or terminology." Peter Went, Bucknell University, USA

"an informative, entertaining website" Strategic Finance Magazine

Ideal for introductory courses in financial management. It is also useful for those studying for a professional qualification or as a reference for practitioners.

Suggested reading for Certified Financial Manager (CFM) and Certified Management Accountant (CMA) examinations.

James C. Van Horne, Professor of Banking and Finance at Stanford University, is also the author of Financial Management and Policy, a Pearson Education text.

John M. Wachowicz JR. is Professor of Finance at The University of Tennessee

View a Sample Chapter PDF:

For Undergraduate Corporate Finance


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 for pricing and ordering information.

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, browse our available packages below, or contact your Pearson Higher Education representative to create your own package.



Copyright ©2008 Pearson Education. All rights reserved. Legal Notice | Privacy Policy | Permissions