Fundamentals of Financial Managing

The fourth edition is completely updated to incorporate changes and recent developments in the business world and the area of finance. A tightly integrated chapter structure that begins with a set of learning objectives entitled “Key Points You Should Learn from This Chapter.” These points correspond precisely to the A-heads, or major sections of the chapter. At the end of each chapter is a “Summary of Key Points” that repeats and reviews the learning objectives. Chapter opening and closing vignettes that describe a scenario faced by a finance professional and are designed to involve your students in the material by putting them “on the job.” Examples of current practices of world-class companies in highlight boxes that cover “Finance in Practice,” “Serving Finance’s Customers,” "Improving Finance’s Processes,” and “Contributing to Global Sustainability.” Frequent, clearly labeled, fully worked-out examples in a standard format, a problem scenario paragraph followed by a “Question,” “Solution steps,” and “Answer.” When a problem requires time value of money analysis, the calculation is shown using both a financial calculator and a spreadsheet program.