Essentials of Corporate Finance

ISBN-13: 9780470444658 / Angielski / Twarda / 2013 / 656 str.

Robert Parrino; David S. Kidwell

Opis

Essentials of Corporate Finance with WileyPLUS offers a focused choice for instructors teaching the fundamentals of value creation by offering a balance of intuitive conceptual understanding, problem solving and analysis, and decision making skills. Students who understand the intuition underlying the basic concepts of finance are better able to develop the critical judgments necessary to apply financial tools in real decision-making situations. Authors Bob Parrino, Tom Bates, and David Kidwell present a concise treatment of foundational topics while maintaining the same effective Learning by Doing pedagogy found in the successful Fundamentals edition. With WileyPLUS, students come to class prepared after working through Orion's adaptive learning module, develop problem solving skills with instant feedback on their work, and are guided through examples with Animated Learning by Doing. Essentials of Corporate Finance includes every resource found in Fundamentals, giving instructors and students all the resources they need to be successful. This briefer edition will help your students develop a clear understanding of the material as well as how to apply Corporate Finance to their future studies and career paths.

WileyPLUS sold separately from text.

The Concise edition continues to integrate the authors’ approach and retains the depth and level of Fundamentals by eliminating some less important topics rather than condensing all existing topics.

Spis treści

PART 1 INTRODUCTION

1 The Financial Manager and the Firm 1

PART 2 FOUNDATIONS

2 The Financial System and the Level of Interest Rates 26

3 Financial Statements, Cash Flows, and Taxes 50

4 Analyzing Financial Statements 83

PART 3 VALUATION OF FUTURE CASH FLOWS

5 The Time Value of Money, Discounted Cash Flows, and Valuation 126

6 Risk and Return 183

7 Bond Valuation and the Structure of Interest Rates 221

8 Stock Valuation 253

PART 4 CAPITAL BUDGETING DECISIONS

9 The Fundamentals of Capital Budgeting 284

10 Cash Flows and Capital Budgeting 328

11 The Cost of Capital 363

PART 5 FINANCING DECISIONS

12 Working Capital Management 395

13 How Firms Raise Capital 426

14 Capital Structure Policy 458

15 Dividends, Stock Repurchases, and Payout Policy 495

PART 6 FINANCIAL PLANNING

16 Financial Planning and Managing Growth 519

PART 7 INTERNATIONAL DECISIONS

17 International Financial Management 554