"The book satisfies the academic need to introduce theory while providing relevant real-world application. It provides a logical progression through the world of organizational financial decision-making, and is geared to the non-finance major. It also provides insight into strategic best practices and is adaptable to audiences at the local, regional, and international levels." —Ernest C. Fields, Ph.D., in Journal of International Students
Introductory Concepts. Concepts of Decisions. Financial Management Decisions.Tools of the Trade: Making a Decision. It Is Time for Payback: The Payback Time Method. A Present for the Present: The Net Present Value Method. How Do We Rate? With the Internal Rate of Return. Red or Black? The Profitability Index Method. Putting It All Together! Let’s Make a Decision. Day and Night Shifts: Integrating the Concepts. The Slammer: Concluding Remarks. Afterword. Appendices. Index.