Principles of Managerial Finance,13e (Paperback)  | Released: 20-Jul-17

Principles of Managerial Finance,13/e has enhanced its learning goal system, which integrates pedagogy with concepts and practical applications. The system concentrates on the material students need to know in order to make effective financial decisions in an increasingly competitive business environment. The strong pedagogy and generous use of examplesȓincluding personal finance examplesȓmake this text an easily accessible resource for in- and out-of-class learning. FeaturesȢ Offer a new perspective: New Co-author Chad Zutter. A recent recipient of the Jensen Prize for the best paper published in the Journal of Financial Economics, Zutter brings a fresh perspective to thirteenth edition of this text. Ȣ Guide students through the material: The Proven Learning System. This edition has enhanced its learning goal system, which integrates pedagogy with concepts and practical applications. The system concentrates on the material students need to know in order to make effective financial decisions in an increasingly competitive business environment.Ȣ Help students make the connections: The Overarching Organization of this text conceptually links the firmșs actions and its value, as determined in the financial market. Each major decision area is presented in terms of both risk and return factors and their potential impact on ownerșs wealthȢ Take the concepts abroad: International Considerations. In todayșs world international considerations are essential to the study of business in generalȓand finance in particular. As in prior editions, discussions of international dimensions are integrated throughout the chapters, learning goals and end-of-chapter content. Ȣ For instructors who devote more time to international considerations, a separate chapter on international managerial finance is available at the end of the text.Ȣ Why This Chapter Matters to You is a feature that helps motivate interest by discussing how the topic relates to the concerns of other major business disciplines and personal finance decisions.Ȣ Personal Finance examples link the concepts, tools and techniques of each chapter. Numerous examples of personal finance problems can be found throughout the homework material.Table of Contents Part 1: Introduction to Managerial Finance Chapter 1. The Role of Managerial Finance Chapter 2. The Financial Market Environment Part 2: Financial Tools Chapter 3. Financial Statements and Ratio Analysis Chapter 4. Cash Flow and Financial Planning Chapter 5. Time Value of Money Part 3. Valuation of Securities Chapter 6. Interest Rates and Bond Valuation Chapter 7. Stock Valuation Part 4: Risk and the Required Rate of Return Chapter 8. Risk and Return Chapter 9. The Cost of Capital Part 5: Long-Term Investment Decisions Chapter 1. Capital Budgeting Techniques Chapter 11. Capital Budgeting Cash Flows Chapter 12. Risk and Refinements in Capital Budgeting Part 6: Long-Term Financial Decisions Chapter 13. Leverage and Capital Structure Chapter 14. Payout Policy Part 7: Short-Term Financial Decisions Chapter 15. Working Capital and Current Assets Management Chapter 16. Current Liabilities Management Part 8: Special Topics in Managerial Finance Chapter 17. Hybrid and Derivative Securities Chapter 18. Mergers, LBOs, Divestitures and Business Failure Chapter 19. International Managerial Finance About the AuthorLawrence J. Gitman is an emeritus professor of finance at San Diego State University. Dr. Gitman has published more than 50 articles in scholarly journals as well as textbooks covering undergraduate- and graduate-level corporate finance, investments, personal finance, and introduction to business. He is past president of the Academy of Financial Services, the San Diego Chapter of the Financial Executives Institute, the Midwest Finance Association, and the FMA National Honor Society. Chad J. Zutter is the Joseph P. and Angela A. Campolo Faculty Fellow and an associate professor of finance at the University of Pittsburgh. His research has a practical, applied focus and has been the subject of feature stories in, among other prominent outlets, The Economist and CFO Magazine. His papers have been cited in arguments before the U.S. Supreme Court and in consultation with companies such as Google and Intel.