Financial Management, EBook [Global Edition]
Thistitle is a Pearson Global Edition. The editorial team at Pearson has workedclosely with educators around the world to include content which is especiallyrelevant to an international and diverse audience. For courses in financialmanagement. Mastering the fundamentalconcepts of financial operation...
| Autor principal: | |
|---|---|
| Formato: | Libro electrónico |
| Idioma: | Inglés |
| Publicado: |
Harlow :
Pearson Education, Limited
2022.
|
| Edición: | 4th ed |
| Materias: | |
| Ver en Biblioteca Universitat Ramon Llull: | https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009771837206719 |
Tabla de Contenidos:
- Cover
- Title Page
- The Pearson Series in Finance
- Dedication
- Copyright
- About The Author
- Brief Contents
- Contents
- Preface
- Solving Teaching And Learning Challenges
- Mylab Finance
- Developing Employability Skills
- Table Of Contents Overview
- Instructor Teaching Resources
- Reviewers
- Acknowledgments
- Part 1: Fundamental Concepts and Basic Tools of Finance
- Chapter 1. Financial Management
- 1.1 The Cycle of Money
- 1.2 Overview of Finance Areas
- 1.3 Financial Markets
- 1.4 The Finance Manager and Financial Management
- 1.5 Objective of the Finance Manager
- Profit Maximization
- 1.6 Internal and External Players
- 1.7 The Legal Forms of Business
- Sole Proprietorship
- Partnership
- Corporations
- Hybrid Corporations
- Not-for-Profit Corporations
- 1.8 The Financial Management Setting: The Agency Model
- 1.9 Corporate Governance and Business Ethics
- Finance Follies The Financial Meltdown of 2008
- 1.10 Why Study Finance?
- Employability
- Putting Finance To Work Now Hiring
- Key Terms
- Questions
- Prepping for Exams
- Mini-Case Richardses' Tree Farm Grows Up
- Chapter 2. Financial Statements
- 2.1 Financial Statements
- The Balance Sheet
- The Income Statement
- Statement of Retained Earnings
- 2.2 Cash Flow Identity and the Statement of Cash Flows
- The First Component: Cash Flow from Assets
- The Second Component: Cash Flow to Creditors
- The Third Component: Cash Flow to Owners
- Putting It All Together: The Cash Flow Identity
- The Statement of Cash Flows
- Free Cash Flow
- 2.3 Financial Performance Reporting
- Regulation Fair Disclosure
- Notes to the Financial Statements
- 2.4 Financial Statements on the Internet
- Putting Finance To Work Look Before You Leap
- Key Terms
- Questions
- Prepping for Exams
- Problems.
- Advanced Problems for Spreadsheet Application
- Mini-Case Hudson Valley Realty
- Chapter 3. The Time Value of Money (Part 1)
- 3.1 Future Value and Compounding Interest
- The Single-Period Scenario
- The Multiple-Period Scenario
- Methods of Solving Future Value Problems
- 3.2 Present Value and Discounting
- The Single-Period Scenario
- The Multiple-Period Scenario
- The Use of Time Lines
- 3.3 One Equation and Four Variables
- 3.4 Applications of the Time Value of Money Equation
- Putting Finance To Work Sports Agent
- 3.5 Doubling of Money: The Rule of 72
- Key Terms
- Questions
- Prepping for Exams
- Problems
- Advanced Problems for Spreadsheet Application
- Mini-Case Richardses' Tree Farm, Inc.: The Continuing Saga
- Chapter 4. The Time Value of Money (Part 2)
- 4.1 Future Value of Multiple Payment Streams
- 4.2 Future Value of an Annuity Stream
- Future Value of an Annuity: An Application
- 4.3 Present Value of an Annuity
- 4.4 Annuity Due and Perpetuity
- Putting Finance To Work Modeling the Future with Actuarial Science
- Perpetuity
- 4.5 Three Loan Payment Methods
- Interest and Principal at Maturity of Loan (Discount Loan)
- Interest as You Go, Principal at Maturity of Loan (Interest-Only Loan)
- Interest and Principal as You Go (Amortized Loan)
- 4.6 Amortization Schedules
- 4.7 Waiting Time and Interest Rates for Annuities
- 4.8 Solving a Lottery Problem
- 4.9 Ten Important Points about the TVM Equation
- Key Terms
- Questions
- Prepping for Exams
- Problems
- Advanced Problems for Spreadsheet Application
- Mini-Case Fitchminster Injection Molding, Inc.: Rose Climbs High
- Chapter 5. Interest Rates
- 5.1 How Financial Institutions Quote Interest Rates: Annual and Periodic Interest Rates
- 5.2 Effect of Compounding Periods on the Time Value of Money Equations.
- 5.3 Consumer Loans and Amortization Schedules
- 5.4 Nominal and Real Interest Rates
- 5.5 Risk-Free Rate and Premiums
- Maturity Premiums
- 5.6 Yield Curves
- 5.7 A Brief History of Interest Rates and Inflation in the United States
- Key Terms
- Questions
- Prepping for Exams
- Problems
- Advanced Problems for Spreadsheet Application
- Mini-Case Sweetening the Deal: Povero Construction Company
- Part 2: Valuing Stocks and Bonds and Understanding Risk and Return
- Chapter 6. Bonds and Bond Valuation
- 6.1 Application of the Time Value of Money Tool: Bond Pricing
- Key Components of a Bond
- Pricing a Bond in Steps
- 6.2 Semiannual Bonds and Zero-Coupon Bonds
- Pricing Bonds after Original Issue
- Zero-Coupon Bonds
- Amortization of a Zero-Coupon Bond
- 6.3 Yields and Coupon Rates
- The First Interest Rate: Yield to Maturity
- The "Other" Interest Rate: Coupon Rate
- Relationship of Yield to Maturity and Coupon Rate
- 6.4 Bond Ratings
- 6.5 Some Bond History and More Bond Features
- 6.6 U.S. Government Bonds
- Pricing a U.S. Government Note or Bond
- Putting Finance To Work Municipal Manager
- Pricing a Treasury Bill
- Key Terms
- Questions
- Prepping for Exams
- Problems
- Advanced Problems for Spreadsheet Application
- Mini-Case Bay Path Cranberry Products
- Chapter 7. Stocks and Stock Valuation
- 7.1 Characteristics of Common Stock
- Ownership
- Claim on Assets and Cash Flow (Residual Claim)
- Vote (Voice in Management)
- No Maturity Date
- Dividends and Their Tax Effect
- Authorized, Issued, and Outstanding Shares
- Treasury Stock
- Preemptive Rights
- 7.2 Stock Markets
- Primary Markets
- Secondary Markets: How Stocks Trade
- Bull Markets and Bear Markets
- 7.3 Stock Valuation
- The Constant Dividend Model with an Infinite Horizon
- The Constant Dividend Model with a Finite Horizon.
- The Constant Growth Dividend Model with an Infinite Horizon
- The Constant Growth Dividend Model with a Finite Horizon
- Nonconstant Growth Dividends
- Finance Follies Irrational Expectations: Bulbs and Bubbles
- 7.4 Dividend Model Shortcomings
- 7.5 Preferred Stock
- 7.6 Efficient Markets
- Operational Efficiency
- Informational Efficiency
- Key Terms
- Questions
- Prepping for Exams
- Problems
- Advanced Problems for Spreadsheet Application
- Mini-Case Lawrence's Legacy: Part 1
- Chapter 8. Risk and Return
- 8.1 Returns
- Dollar Profits and Percentage Returns
- Converting Holding Period Returns to Annual Returns
- Extrapolating Holding Period Returns
- 8.2 Risk (Certainty and Uncertainty)
- Finance Follies "Dangerous to Your Wealth": Is Investing Just Gambling?
- 8.3 Historical Returns
- 8.4 Standard Deviation as a Measure of Risk
- Normal Distributions
- 8.5 Returns in an Uncertain World (Expectations and Probabilities)
- Finance Follies "Scam of the Century": Bernie Madoff and the 50 Billion Fraud
- Determining the Probabilities of All Potential Outcomes
- 8.6 The Risk-and-Return Trade-Off
- Investment Rules
- 8.7 Diversification: Minimizing Risk or Uncertainty
- When Diversification Works
- Adding More Stocks to the Portfolio: Systematic and Unsystematic Risk
- 8.8 Beta: The Measure of Risk in a Well-Diversified Portfolio
- 8.9 The Capital Asset Pricing Model and the Security Market Line
- The Capital Asset Pricing Model
- Application of the SML
- Key Terms
- Questions
- Prepping for Exams
- Problems
- Advanced Problems for Spreadsheet Application
- Mini-Case Lawrence's Legacy: Part 2
- Part 3: Capital Budgeting
- Chapter 9. Capital Budgeting Decision Models
- 9.1 Short-Term and Long-Term Decisions
- 9.2 Payback Period and Discounted Payback Period
- Payback Period.
- Finance Follies IBM Exits the Consumer Software Market: Misreading Future Cash Flows
- Discounted Payback Period
- 9.3 Net Present Value
- Mutually Exclusive versus Independent Projects
- Unequal Lives of Projects
- Net Present Value Example: Equation and Calculator Function
- 9.4 Internal Rate of Return and Modified Internal Rate of Return
- Internal Rate of Return
- Putting Finance To Work Marketing and Sales: Your Product = Your Customer's Capital Budgeting Decision
- Modified Internal Rate of Return
- 9.5 Profitability Index
- 9.6 Overview of Six Decision Models
- Capital Budgeting Using a Spreadsheet
- Key Terms
- Questions
- Prepping for Exams
- Problems
- Advanced Problems for Spreadsheet Application
- Mini-Case BioCom, Inc.: Part 1
- Chapter 10. Cash Flow Estimation
- 10.1 The Importance of Cash Flow
- 10.2 Estimating Cash Flow for Projects: Incremental Cash Flow
- Sunk Costs
- Opportunity Costs
- Erosion Costs
- Synergy Gains
- Working Capital
- Finance Follies Boston's "Big Dig" Gets Dug Under
- 10.3 Capital Spending and Depreciation
- Straight-Line Depreciation
- Modified Accelerated Cost Recovery System
- 10.4 Cash Flow and the Disposal of Capital Equipment
- 10.5 Projected Cash Flow for a New Product
- Key Terms
- Questions
- Prepping for Exams
- Problems
- Advanced Problems for Spreadsheet Application
- Mini-Case BioCom, Inc.: Part 2, Evaluating a New Product Line
- Chapter 11. The Cost of Capital
- 11.1 The Cost of Capital: A Starting Point
- 11.2 Components of the Weighted Average Cost of Capital
- Debt Component
- Preferred Stock Component
- Equity Component
- Retained Earnings
- The Debt Component and Taxes
- 11.3 Weighting the Components: Book Value or Market Value?
- Book Value
- Adjusted Weighted Average Cost of Capital
- Market Value.
- 11.4 Using the Weighted Average Cost of Capital in a Budgeting Decision.
