en de en pt is is cs is is is is is is is lt is is is is is is en is en is cs is is is it nb is is pl is is is is is et is is is nb is is is is is is is ceb is is is is is is is is nl is hbs_lat is is is is is it sv is ru fr en is is fr is ca is nb is ro cs is fr is lt is is is is en is is is is is is is nb is is de da hbs_lat is nb is is cs is is is de is is es nb en sk is is de is is is is tr is is is nb en en et en en nn en is is nb is is sv en cs is hbs_lat hbs_lat vi is is is cs da cs is hu es is fi nb is en is es is en is is is nb cs is is is ceb is en ceb nb is is is is ga is is is is ca es is is is is uz is hbs_lat is is is is sq is en is is is pl is sk pl is is uz is cs is is en en en en en en en en en is is is is is is is is en es de ru en de en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en zh en en en en en fr en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en en de en fr it en es en sv fr en de pt en ru en en en en cs pl es ru en en de en fr it en es en sv en ja fr en de pt en ru en en en en cs pl es ru is is is is is is is is is is is is is is is is en sk is en sk is en sk is en pl is en pl is is is is is is is cs sk is de is en is is pt is
Financial Management: Concepts and Applications | Heimkaup.is
Háskóli Íslands, Háskólinn á Akureyri, Háskólinn á Bifröst
Íslenska Hugvísindi og tungumál Tölvu- og stærðfræði Viðskipti og hagfræði Raunvísindi Félagsvísindi Heilsugreinar Verkfræði Aðrar greinar Háskólabækur
Leikjatölvur, Playstation 4, Playstation 3
Íslensk tónlist, Erlend tónlist, Vínylplötur
0-3 ára, 3-5 ára, 6-8 ára
Klassískar bókmenntir, Almenn skáldverk, Ástarsögur og erótík
Ást og Erótík, Grín og gaman, Handavinna
Ray-Ban, Michael Kors, Emilio Pucci
Vítamín og fæðubótarefni, Heilsuvörur, Brúsar
Borðbúnaður, Pottar og pönnur, Eldhúsáhöld
Gjafabréf, Myndir og veggskraut, Kerti og kertastjakar
Caffitaly hylki, Nespresso hylki, Te
Áhöld fyrir bílþvottinn, Bón og hreinsivörur, Efni og vökvar
Útilegu- og útivistarvörur, Útivistarföt, Sjónaukar
Hjálmar og hlífar, Hlaupahjól og bretti, Barnareiðhjól
Lego Bionicle, Lego City, Lego Creator
Kaffivélar, Brauðristar, Heilsu og samlokugrill
Pappírsvörur, Ritföng og aðrar smávörur, Skjalavarsla
Íslensk tónlist, Erlend tónlist, Vínylplötur
Heimkaup Námsbækur Háskólabækur Háskólinn á Bifröst Haust 2017 Financial Management: Concepts and Applications
Námskeið 120.6.0.HAFS Hagnýt fjármál fyrir stjórnendur. - Útgáfa: 1 - Höfundur: Stephen Foerster
Rafbók til leigu í 365 daga
For courses in Corporate Finance
A balanced overview of financial management theory and practice
Finance is one of the key drivers of a firm’s activities, and a critical component to understanding business in general. Financial Management: Concepts and Applications is designed to help students with no prior knowledge grasp the applications and relevance of finance. Author Stephen Foerster reveals the practical side of finance, rather than just its theoretical concepts, and shows how finance intersects with many other areas of business.
This program provides a better teaching and learning experience—for you and your students. It will help you to:
Encourage students to focus on the big picture: A thematic approach helps students achieve a holistic view of how finance impacts many aspects of business.
Highlight applications of finance: A strong emphasis on applications helps students see the relevance of finance, and keeps them interested in the course.
Foster thorough understanding via learning aids: Various tools, throughout the text and at the end of each chapter, support students as they learn and review.
MyFinanceLab is an online homework, tutorial, and assessment product designed to personalize learning and improve results. With a wide range of interactive, engaging, and assignable activities, students are encouraged to actively learn and retain tough course concepts.
Hægt að prenta út 2 bls.
Hægt að afrita 2 bls.
Part 1: Assessing and Managing Performance
1 Overview of Financial Management
1.1 Financial Management and the Cash Flow Cycle
CASE STUDY: Advanced Micro Devices Inc.’s Cash Crunch
1.2 The Role of Financial Managers
IN-DEPTH: Maximizing Shareholder Value: An Ethical Responsibility?
1.3 A Nonfinancial Perspective of Financial Management
IN THE NEWS: Walmart’s Financial Challenges
1.4 Financial Management’s Relationship with Accounting and Other Disciplines
1.5 Types of Firms
1.6 A Financial Management Framework
1.7 Relevance for Managers
Additional Readings and Information
2 Sizing-Up a Business: A Nonfinancial Perspective
2.1 Sizing-Up the Overall Economy
IN-DEPTH: Gathering Information for a Size-Up
2.1.3 Inflation and Interest Rates
CASE STUDY: Sector Performance and Business Cycles: Duke Energy Corporation and Tiffany & Co.
2.1.5 Economic Size-Up Checklist
2.2 Sizing-Up the Industry
2.2.1 Industry Life Cycles
2.2.2 The Competitive Environment
2.2.3 Opportunities and Risks
2.2.4 Industry Size-Up Checklist
2.3 Sizing-Up Operations Management and Supply Risk
2.4 Sizing-Up Marketing Management and Demand Risk
2.5 Sizing-Up Human Resource Management and Strategy
2.6 Sizing-Up Home Depot: An Example
2.7 Relevance for Managers
Additional Readings and Information
3 Understanding Financial Statements
3.1 Understanding Balance Sheets
IN-DEPTH: Book Value of Equity versus Market Value of Equity
3.2 Understanding Income Statements
3.2.1 Understanding Revenues, Costs, Expenses, and Profits
IN-DEPTH: EBIT versus EBITDA
3.2.2 Connecting a Firm’s Income Statement and Balance Sheet
3.3 Understanding Cash Flow Statements
3.3.1 Cash Flows Related to Operating Activities
3.3.2 Cash Flows from Investing Activities
3.3.3 Cash Flows from Financing Activities
IN-DEPTH: U.S. versus International Accounting and Financial Statement Presentation
3.4 Relevance for Managers
Additional Readings and Information
4 Measuring Financial Performance
4.1.1 Return on Equity
CASE STUDY: ROE Drivers across Industries: Tiffany and Kroger
4.1.3 Resource Management Measures
4.1.6 Application: Home Depot
4.2 Reading Annual Reports
4.3 Relevance for Managers
Additional Readings and Information
5 Managing Day-to-Day Cash Flow
5.1 Cash Flow Cycles
5.2 Working Capital Management
IN-DEPTH: Inventory Management Systems
5.2.2 Managing Accounts Receivable
IN-DEPTH: Aging Schedules and Bad Debt
5.2.3 Managing Accounts Payable
5.2.4 Application: Home Depot
IN-DEPTH: The Cost of Foregoing Discounts on Payables
IN-DEPTH: Working Capital Management Ratios across Industries
CASE STUDY: Commercial Paper and the 2007–2009 Financial Crisis
5.4 Relevance for Managers
Additional Readings and Information
Part 2: Assessing Future Financial Needs
6 Projecting Financial Requirements and Managing Growth
6.1 Generating Pro Forma Income Statements
6.1.1 Establishing Cost of Goods Sold and Gross Profit
6.2 Generating Pro Forma Balance Sheets
6.2.2 Establishing Liabilities and Equity
6.3 Generating Pro Forma Cash Budgets
6.3.1 Establishing Cash Inflows
6.3.2 Establishing Cash Outflows
6.3.3 Establishing Net Cash Flows
6.4 Performing Sensitivity Analysis
6.4.2 Interest Rate Sensitivity
6.4.3 Working Capital Sensitivity
6.5 Understanding Sustainable Growth and Managing Growth
CASE STUDY: Home Depot’s Pro Forma Statements and Sustainable Growth
6.6 Relevance for Managers
Additional Readings and Information
7 Time Value of Money Basics and Applications
7.1 Exploring Time Value of Money Concepts
IN-DEPTH: Spreadsheet and Financial Calculator Tips
7.2 Applying Time Value of Money Concepts to Financial Securities
IN-DEPTH: Bond Prices and Yields: Home Depot Inc. Example
IN-DEPTH: Preferred Share Prices and Bond Yields: Kansas City Railroad
IN-DEPTH: Multistage Dividend Discount Model
7.3 Relevance for Managers
Additional Readings and Information
8 Making Investment Decisions
8.1 Understanding the Decision-Making Process
8.2 Capital Budgeting Techniques
8.2.2 Net Present Value
8.2.3 Internal Rate of Return
8.3 Capital Budgeting Extensions
8.3.2 Equivalent Annual Cost and Project Lengths
8.3.3 Mutually Exclusive Projects and Capital Rationing
8.4 Relevance for Managers
Additional Readings and Information
Part 3: Financing Long-Term Needs
9 Overview of Capital Markets: Long-Term Financing Instruments
9.1.1 Changing Bond Yields
IN THE NEWS: The Libor Scandal
IN-DEPTH: What Credit-Rating Agencies Do
9.4 Capital Markets Overview
9.4.1 Private versus Public Markets
9.4.2 Venture Capital and Private Equity
CASE STUDY: Private Placement Example—Sesac Inc. and the Music of Bob Dylan and Neil Diamond
9.4.3 Initial Offerings versus Seasoned Issues
IN DEPTH: SOX and the Cost of Being a Public Firm
CASE STUDY: Google and Facebook IPOs
9.4.4 Organized Exchanges versus Over-the-Counter Markets
9.4.5 Role of Intermediaries
9.5.4 U.S. Stock Market Efficiency
9.6 Relevance for Managers
Additional Readings and Information
Appendix: Understanding Bond and Stock Investment Information
10 Assessing the Cost of Capital: What Return Investors Require
10.1 Understanding the Cost of Capital: An Example
10.2 Understanding the Implications of the Cost of Capital
10.4 Estimating the Cost of Debt
10.5 Estimating the Cost of Preferred Shares
10.6 Estimating the Cost of Equity
10.6.1 Dividend Model Approach
10.6.2 Capital Asset Pricing Model
IN-DEPTH: Investing in “the Market”
10.7 Estimating Component Weights
10.8 Home Depot Application
10.10 Relevance for Managers
Additional Readings and Information
11 Understanding Financing and Payout Decisions
11.1 Capital Structure Overview
11.2 Understanding the Modigliani-Miller Argument: Why Capital Structure Does Not Matter
11.3 Relaxing the Assumptions: Why Capital Structure Does Matter
11.3.1 Understanding the Impact of Corporate Taxes
11.3.2 Understanding the Impact of Financial Distress
IN THE NEWS: Largest U.S. Bankruptcy
11.3.3 Combining Corporate Taxes and Financial Distress Costs
11.3.4 Impact of Asymmetric Information
11.4 Understanding Payout Policies
11.4.3 Do Dividend Policies Matter?
11.5 Relevance for Managers
Additional Readings and Information
Appendix: Why Dividend Policy Doesn’t Matter: Example
12 Designing an Optimal Capital Structure
12.1 Factors Affecting Financing Decisions: The FIRST Approach
CASE STUDY: Ford Motor Company and Financial Flexibility Prior to the Financial Crisis
12.1.2 Impact on EPS: Minimizing Cost
12.1.4 Maintaining Shareholder Control
CASE STUDY: Maintaining Control: Google Inc. and Dual Class Shares
12.2 Tradeoff Assessment: Evaluating the FIRST Criteria
IN-DEPTH: Optimal Amount of Debt at the Firm Level: Six Flags Inc. Example
12.2.1 Example: Optimal Capital Structure and Minimizing the Cost of Capital
CASE STUDY: Changing Capital Structure: The Home Depot Example
IN-DEPTH: The Cost of Equity, Levered Betas, and the Target Capital Structure
12.3 Relevance for Managers
Additional Readings and Information
Part 4: Creating Value
13 Measuring and Creating Value
13.1 An Overview of Measuring and Creating Value
13.2 Measuring Value: The Book Value Plus Adjustments Method
13.2.1 Pros and Cons of the Book Value of Equity Plus Adjustments Method
13.3 Measuring Value: The Discounted Cash Flow Analysis Method
13.3.1 Estimating Free Cash Flows
IN-DEPTH: Why Do We Add Back Noncash Items?
13.3.2 Estimating the Cost of Capital
13.3.3 Estimating the Present Value of Free Cash Flows
13.3.4 Estimating the Terminal Value
IN-DEPTH: The Most Common DCF Estimation Mistakes
13.3.5 Estimating the Value of Equity
13.3.6 Pros and Cons of the Free Cash Flow to the Firm Approach
13.4 Measuring Value: Relative Valuations and Comparable Analysis
13.4.1 The Price-Earnings Method
13.4.2 Pros and Cons of the Price-Earnings Approach
IN-DEPTH: The Price-Earnings Model and the Constant Growth Dividend Discount Model
13.4.3 The Enterprise Value-to-EBITDA Method
13.4.4 Pros and Cons of the EV/EBITDA Approach
IN-DEPTH: Comparing P/B, P/E, and EV/EBITDA across Industries
13.5 Creating Value and Value-Based Management
13.6 Valuing Mergers and Acquisitions
13.6.1 Valuing Comparable M&A Transactions
13.7 Relevance for Managers
Additional Readings and Information
14 Comprehensive Case Study: Wal-Mart Stores, Inc.
14.1.1 Analyzing the Economy
14.1.2 Analyzing the Industry
14.1.3 Analyzing Walmart’s Strengths and Weaknesses in Operations, Marketing, Management, and Stra
14.1.4 Analyzing Walmart’s Financial Health
IN-DEPTH: Target Corporation: ROIC
IN-DEPTH: Target Corporation: ROE
14.2 Projecting Walmart’s Future Performance
14.2.1 Projecting Walmart’s Income Statement
14.2.2 Projecting Walmart’s Balance Sheet
14.2.3 Examining Alternate Scenarios
14.3 Assessing Walmart’s Long-Term Investing and Financing
14.3.1 Assessing Walmart’s Investments
14.3.2 Assessing Walmart’s Capital Raising and the Cost of Capital
IN-DEPTH: Target Corporation: Cost of Capital
14.4.1 Measuring Walmart’s Economic Value Added
IN-DEPTH: Target Corporation: EVA
14.4.2 Estimating Walmart’s Intrinsic Value: The DCF Approach
14.4.3 Estimating Walmart’s Intrinsic Value: Comparable Analysis
IN-DEPTH: Target Corporation: EV/EBITDA Analysis
14.4.4 Creating Value and an Overall Assessment of Walmart
14.5 Relevance for Managers and Final Comments
Additional Readings and Information
UM RAFBÆKUR Á HEIMKAUP.IS
Bókahillan þín er þitt svæði og þar eru bækurnar þínar geymdar. Þú kemst í bókahilluna þína hvar og hvenær sem er í tölvu eða snjalltæki. Einfalt og þægilegt!
Þú kemst í bækurnar hvar sem er
Þú getur nálgast allar raf(skóla)bækurnar þínar á einu augabragði, hvar og hvenær sem er í bókahillunni þinni. Engin taska, enginn kyndill og ekkert vesen (hvað þá yfirvigt).
Auðvelt að fletta og leita
Þú getur flakkað milli síðna og kafla eins og þér hentar best og farið beint í ákveðna kafla úr efnisyfirlitinu. Í leitinni finnur þú orð, kafla eða síður í einum smelli.
Þú getur auðkennt textabrot með mismunandi litum og skrifað glósur að vild í rafbókina. Þú getur jafnvel séð glósur og yfirstrikanir hjá bekkjarsystkinum og kennara ef þeir leyfa það. Allt á einum stað.
Hvað viltu sjá? / Þú ræður hvernig síðan lítur út
Þú lagar síðuna að þínum þörfum. Stækkaðu eða minnkaðu myndir og texta með multi-level zoom til að sjá síðuna eins og þér hentar best í þínu námi.
- Þú getur prentað síður úr bókinni (innan þeirra marka sem útgefandinn setur)
- Möguleiki á tengingu við annað stafrænt og gagnvirkt efni, svo sem myndbönd eða spurningar úr efninu
- Auðvelt að afrita og líma efni/texta fyrir t.d. heimaverkefni eða ritgerðir
- Styður tækni sem hjálpar nemendum með sjón- eða heyrnarskerðingu
Þú gætir haft áhuga á
International Business: The New Realities
Strategic Brand Management: A European Perspective
Umsagnir. Aðeins kaupendur geta gefið umsögn um vöru.
Allt um að versla
Greiðsluleiðir Spurt og svarað Sendingarkostnaður
Upplýsingar um mig Mínar pantanir Innskráning Útskráning Taka símanúmer af SMS lista
Gjafainnpökkun Skrá á póstlista Ábyrgð Skilmálar
Um Heimkaup.is Hafa samband Afgreiðslutímar og staðsetning Störf í boði
Sendum um allt land
Símanúmer: 550 2700 Netfang: samband@heimkaup.is Opnunartími í Smáratorgi 3, Kópavogi er Mán. - fös. 11:00 - 18:30 og Lau. 11:00 - 14:00. Við keyrum út samdægurs alla daga vikunnar. Copyright © 2017 Heimkaup