Financial Management Essentials You Always Wanted to Know: 5th Edition
Description
Core Financial Concepts Explained for Business Professionals and Non-Finance Graduates
Chapter Summaries and Solutions to Practice Exercises
New Chapter on International Finance
Important Standard Principles covered
Solved Exercises and Practice Questions
Financial Management Essentials is an essential guide to making good financial management decisions!
Financial Management Essentials You Always Wanted To Know: 5th Edition provides new managers and leaders with the foundational concepts of financial management. This new and updated edition comes with an exciting new chapter on international finance, including case studies and practical examples. It offers an in-depth study on the type of financial resources companies acquire and how they utilize these assets in their business processes and activities. Each chapter provides real-world examples of financial management practices and includes practice exercises to help train the reader in the usage of these critical tools.
With this book, you will be able to: Understand Financial Statement Analysis
Learn about Cost of Capital
Learn how to Create a Capital Budget
Understand how to Manage Working Capital Pick up your copy of Financial Management Essentials and become a financial manager today!
About the Series
Financial Management Essentials You Always Wanted To Know: 5th Edition is part of the Self-Learning Management series. This series is designed to help students, new managers, career switchers, and entrepreneurs learn essential management lessons and covers every aspect of business, from HR to Finance to Marketing to Operations across any and every industry. Each book includes basic fundamentals, important concepts, and standard and well-known principles, as well as practical ways of application of the subject matter.
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Other editions
Previous edition
Persons
Content
Introduction to Financial Management
Financial Statement Analysis
2.1 Ratio Analysis
2.2 DuPont Framework
2.3 Benchmarking
2.4 Limitation of Financial Ratios
2.5 Common-size Financial Statements
Case Study
Solved Examples
Practice Exercise
Chapter Summary
Cost of Capital
3.1 Cost of Debt (kd)
3.2 Cost of Preferred Stock (kp)
3.3 Cost of Retained Earnings (ks)
3.4 Cost of New Common Stock (ke)
3.5 Weighted Average Cost of Capital (WACC)
Solved Examples
Practice Exercise
Chapter Summary
Capital Budgeting
4.1 Free Cash Flow
4.2 Timing of Cash Flows
4.3 Estimating Cash Flows over Life of Project
4.4 Payback Period
4.5 Discounted Payback Period
4.6 Net Present Value (NPV)
4.7 Internal Rate of Return (IRR)
4.8 Modified Internal Rate of Return (MIRR)
4.9 Usage of Capital Budgeting Methods
Case Study
Solved Examples
Practice Exercise
Chapter Summary
Working Capital Management
5.1 Cash Conversion Cycle
5.2 Current Asset Investment Policies
5.3 Current Asset Financing Approaches
5.4 Short-Term Financing Options
Case Study
Solved Examples
Practice Exercise
Chapter Summary
Capital Structure
6.1 Debt
6.2 Optimal Capital Structure
6.3 Capital Structure Theories
Solved Examples
Practice Exercise
Chapter Summary
Distribution to Shareholders
7.1 Factors in setting Dividend Distribution Policy
7.2 Residual Dividend Model
7.3 Dividend Payment Procedures
7.4 Dividend Reinvestment Plan (DRIP)
7.5 Stock Splits and Stock Dividends
7.6 Stock Repurchases
Solved Examples
Practice Exercise
Chapter Summary
Forecasting Financial Statements
8.1 Step 1 - Forecast Sales
8.2 Step 2 - Forecast Income Statement
8.3 Step 3 - Forecast Balance Sheet - 1st Pass
8.4 Step 4 - Raising Additional Funds Needed (AFN)
8.5 Step 5 - Forecast Balance Sheet - 2nd Pass
8.6 AFN Formula
Case Study
Solved Examples
Practice Exercises
Chapter Summary
International Finance
9.1 Exchange rates
9.2 Purchasing Power Parity and Interest Rate Parity
Solved Examples
Practice Exercise
Chapter Summary
Glossary
