Book Description

Topical coverage designed for the first financial management course. Introductory chapters discuss the basic concepts, including accounting statements, security markets, interest rates, taxes, risk analysis, time value of money, and the basics of security valuation. Subsequent chapters explain how financial managers can help maximize their firms' values by improving decisions in such areas as working capital management, capital budgeting, and choice of capital structure. Annotation copyright by Book News, Inc., Portland, OR