Financial Management for Decision Makers (9th Edition)

$19.99

Download Financial Management for Decision Makers (9th Edition) written by Peter Atrill in PDF format. This book is under the category Finance and bearing the isbn/isbn13 number 1292311436; 1292311460; 1292311452/9781292311432/ 9781292311463/ 9781292311456. You may reffer the table below for additional details of the book.

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Specifications

book-author

Peter Atrill

publisher

Pearson; 9th Edition

file-type

PDF

pages

735 pages

language

English

asin

B082VJN4YM

isbn10

1292311436; 1292311460; 1292311452

isbn13

9781292311432/ 9781292311463/ 9781292311456


Book Description

Financial Management for Decision Makers; ninth Edition; (PDF) provides school college students with an distinctive concentrate on the sensible utility of economic administration and its half in choice making. Covering subjects comparable to monetary planning; financing a small enterprise and; making capital funding choices; and it provides an ideal overview of the world of economic administration.

This textbook is right for undergraduates from a non-finance or non-accounting self-discipline taking an introductory module in monetary administration. It can also be appropriate for postgraduate college students enrolled in certificates and diploma programs in monetary administration; in addition to these enrolled within the MBA and Diploma in Management Studies applications. The ebook can be utilized by accounting and finance college students as a basis for additional research.

P.S. Contact us in order for you Financial Management for Decision Makers; 9e; TestBank; or different instructor sources.

NOTE: The product solely consists of the ebook; Financial Management for Decision Makers; ninth Edition; in PDF. No access codes are included.

Additional information

book-author

Peter Atrill

publisher

Pearson; 9th Edition

file-type

PDF

pages

735 pages

language

English

asin

B082VJN4YM

isbn10

1292311436; 1292311460; 1292311452

isbn13

9781292311432/ 9781292311463/ 9781292311456

Table of contents


Table of contents :
Front Cover
Half Title Page
Title Page
Copyright Page
Contents
Preface
Publisher’s acknowledgements
1 The world of financial management
Introduction
Learning outcomes
The finance function
Structure of the book
Modern financial management
Why do businesses exist?
Balancing risk and return
Behaving ethically
Protecting shareholders’ interests
Shareholder involvement
Summary
Key terms
References
Further reading
Critical review questions
2 Financial planning
Introduction
Learning outcomes
Planning for the future
The role of projected financial statements
Preparing projected financial statements
The sales forecast
Preparing the projected statements: a worked example
Projected cash flow statement
Projected income statement
Projected statement of financial position (balance sheet)
Per-cent-of-sales method
Long-term cash flow projections
Projected financial statements and decision making
Taking account of risk
Financial planning and gearing
Financial gearing
Operating gearing
Combined gearing effect
Summary
Key terms
Further reading
Critical review questions
Exercises
3 Analysing and interpreting financial statements
Introduction
Learning outcomes
Financial ratios
Financial ratio classifications
The need for comparison
Calculating the ratios
A brief overview
Profitability
Efficiency
Relationship between profitability and efficiency
Liquidity
Financial gearing
Investment ratios
Financial ratios and the problem of overtrading
Key performance indicators
Trend analysis
Using ratios to predict financial failure
Limitations of ratio analysis
Summary
Key terms
References
Further reading
Critical review questions
Exercises
4 Making capital investment decisions
Introduction
Learning outcomes
The nature of investment decisions
Investment appraisal methods
Accounting rate of return (ARR)
Payback period (PP)
Net present value (NPV)
Why NPV is better
Internal rate of return (IRR)
Some practical points
The main methods summarised
Investment appraisal in practice
Investment appraisal and strategic planning
The investment appraisal process
Investment decisions and human behaviour
Summary
Key terms
References
Further reading
Critical review questions
Exercises
5 Making capital investment decisions: further issues
Introduction
Learning outcomes
Investment decisions when funds are limited
Comparing projects with unequal lives
The ability to delay
The problem of inflation
The problem of risk
Sensitivity analysis
Scenario analysis
Risk preferences of investors
Risk-adjusted discount rate
Expected net present value (ENPV)
Event tree diagrams
Risk and the standard deviation
The standard deviation and the normal distribution
The expected value–standard deviation rule
Simulations
Measuring probabilities
Portfolio effects and risk reduction
Summary
Key terms
Further reading
Critical review questions
Exercises
6 Financing a business 1: sources of finance
Introduction
Learning outcomes
Sources of finance
External sources of finance
External sources of long-term finance
Attitudes towards the level of borrowing
External sources of short-term finance
Long-term versus short-term borrowing
Internal sources of finance
Internal sources of long-term finance
Internal sources of short-term finance
Summary
Key terms
Further reading
Critical review questions
Exercises
7 Financing a business 2: raising long-term finance
Introduction
Learning outcomes
The Stock Exchange
Stock market efficiency
Are the stock markets really efficient?
Share issues
Long-term finance for the smaller business
Business angels
Government assistance
The Alternative Investment Market (AIM)
Summary
Key terms
References
Further reading
Critical review questions
Exercises
8 The cost of capital and the capital structure decision
Introduction
Learning outcomes
Cost of capital
Weighted average cost of capital (WACC)
Specific or average cost of capital?
Limitations of the WACC approach
Cost of capital – some evidence
The capital structure debate
Gearing and signalling
Summary
Key terms
References
Further reading
Critical review questions
Exercises
9 Making distributions to shareholders
Introduction
Learning outcomes
Paying dividends
Dividend distributions in practice
Dividend policy and shareholder wealth
The importance of dividends
Factors determining the level of dividends
Dividend policy and management attitudes: some evidence
Dividend smoothing in practice
What should managers do?
Alternatives to cash dividends
Summary
Key terms
References
Further reading
Critical review questions
Exercises
10 Managing working capital
Introduction
Learning outcomes
What is working capital?
The scale of working capital
Managing inventories
Inventories management models
Managing trade receivables
Managing cash
Managing trade payables
Summary
Key terms
Further reading
Critical review questions
Exercises
11 Measuring and managing for shareholder value
Introduction
Learning outcomes
The quest for shareholder value
Creating shareholder value
The need for new forms of measurement
Net present value (NPV) analysis
Managing the business with shareholder value analysis
Implications of SVA
Economic value added (EVAA®)
EVAA®-based ratios
EVAA® in practice
EVAA® and SVA compared
EVAA® or SVA?
Market value added (MVA)
The link between MVA and EVAA®
Limitations of MVA
Total shareholder return (TSR)
Criticisms of the shareholder value approach
Measuring the value of future growth
Shareholder value and directors’ rewards
Summary
Key terms
References
Further reading
Critical review questions
Exercises
12 Business mergers and share valuation
Introduction
Learning outcomes
Mergers and takeovers
Merger and takeover activity
The rationale for mergers
Wealth-enhancing motives for mergers
Other motives for mergers
Forms of purchase consideration
Merger synergies – a case study
Mergers and financial outcomes
Who benefits?
The merger puzzle
Ingredients for successful mergers
Rejecting a takeover bid
Due diligence
Protecting shareholders and the public
Mergers and conglomerates
Restructuring a business: divestments and demergers
The valuation of shares
Summary
Key terms
References
Further reading
Critical review questions
Exercises
13 International aspects of financial management
Introduction
Learning outcomes
The internationalisation of business
Internationalisation and risk reduction
Internationalisation and shareholders’ wealth
Foreign exchange
A theoretical explanation of relative exchange rates
Foreign exchange markets and market efficiency
Problems of internationalisation
Dealing with transaction risk
Economic risk
Translation risk
International investment appraisal
International investment at the portfolio level
International investment and agency cost
Summary
Key terms
References
Further reading
Critical review questions
Exercises
Appendix A Present value table
Appendix B Annual equivalent factor table
Appendix C Solutions to self-assessment questions
Appendix D Solutions to critical review questions
Appendix E Solutions to selected exercises
Glossary of key terms
Index
Back Cover

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