Fundamentals Of Financial Management

Gain the understanding of today's financial markets and corporate financial management you need to propel you toward your goals with the contemporary insights and innovative learning tools found in Brigham/Houston's popular FUNDAMENTALS OF FINANCIAL MANAGEMENT, 16E. This longtime market leader offers intriguing insights into the social responsibility of business, the significant effects of recent changes in corporate tax code, the ongoing multiple effects related to the economic impact of the coronavirus pandemic and other emerging issues straight from today's headlines. Clear explanations and real, meaningful examples help you understand the "what" and the "why" of corporate budgeting, financing, working capital decision making, forecasting, valuation and Time Value of Money. Hands-on exercises, cases, Excel spreadsheet models and interactive MindTap digital activities and learning modules guide you in putting the theory you learn into action.

BlockFoundations of Financial Managementis a proven and successful text recognized for its excellent writing style and step-by-step explanations that make the content relevant and easy to understand. The text's approach focuses on the "nuts and bolts" of finance with clear and thorough treatment of concepts and applications. Block provides a strong review of accounting and early coverage of working capital (or short term) financial management before covering the Time Value of Money. Foundations of Financial Management is committed to making finance accessible to students. This text has stood the test of time due to the authors' commitment to quality revisions.

Financial Management is so crucial for any organization––public or private sector––as profit maximization and increasing the shareholder value depend, to a large measure, on efficient and effective financial management of the company or firm. With this end in view, Professor Bhabatosh Banerjee, drawing from his expertise and his rich and long years of experience, gives a masterly analysis of the fundamental principles of financial management along with their applications. While retaining the distinguishing features of the previous edition, the book is now a much more comprehensive one on Financial Management. Significant changes have been incorporated into the chapters relating to cost of capital, analysis of leverages, capital structure theories and planning, capital budgeting decision, working capital management, changes in financial position, accounting ratios and financial statement analysis, mergers and acquisitions and corporate governance for further value addition of the book. The book is logically organized into five parts—Part I: Basic Concepts, Part II: Financial and Dividend Decisions, Part III: Investing in Long-term and Short-term Assets, Part IV: Performance Analysis and Measurement, Part V: Contemporary Topics—to enable the students to understand the concepts, with suitable cases, chronologically and more effortlessly. This book is primarily intended as a text for the students of commerce and management courses. It will also be highly useful for those appearing in CA and ICWAI examinations. In addition, the text will benefit practising finance and accounting professionals, corporate managers, and participants in management development programs. KEY FEATURES • Includes numerous illustrations, worked-out problems and exercises covering recent questions in university and professional examinations. • Gives corporate practices in professional management, wherever found necessary. This will enable the students to acquaint themselves with real-life situations. • Provides Case Studies in a few complex chapters to enhance the analytical and presentation skills of the students in a classroom setting.

This fourth revised and updated edition gives a practical overview of contemporary finance from a New Zealand perspective. It helps students understand: how the financial system and the institutions within it operate; how and why financial decisions are made; the tools, techniques and concepts used in finance, and how they are applied to the major sectors of finance; and how individuals plan their short- and long-term financial activities; how business organisations manage and finance their short- and long-term financial activities. Broad in scope, Fundamentals of Finance explains the important financial decisions made by businesses and individuals, and how these decisions are influenced by the financial environment in which we live and work. It provides an introduction to finance that assists students to make their own financial decisions. Helpful features include: examples, self-test questions (with solutions!), learning objectives, a glossary of terms and useful formulae.