Practical Financial Management

All financial managers find themselves involved in making both investment decisions and financing decisions, and this book provides clear guidelines for making such decisions most successfully. It shows how investment decisions must be made relating to projects, working capital and mergers, while financing decisions are made in relation to capital structure dividend policy and leasing. Although such decisions can be considered separately the book demonstrates how, in the end, investment decisions and financing decisions must be made at the same time. Short chapters illustrate the making of wealth creating and investment financing decisions, while the essential background mathematics is confined to appropriate appendices. Those on professional finance and accounting courses, accounting degree courses, business studies, MBA programmes and post-experience courses, as well as professional managers and advisors, will find this book of interest.