Gitman's proven Learning Goal System-a hallmark feature of Principles of Managerial Finance, Brief-weaves pedagogy into concepts and practice, providing students with a road map to guide them through the text and supplementary tools. The FifthEdition now includes an emphasis on personal finance issues to add currency and relevance to the already cohesive learning framework.
The Brief edition provides an alternative solution for instructors who are especially pressed for time. Just as thorough and effective as Principles of Managerial Finance, the Brief edition introduces a streamlined version of the fundamental concepts, tools, techniques, and practices.
Features + Benefits
Gitman's proven Learning Goal System provides a cohesive road map through the text and supporting materials, beginning with a set of learning goals for each chapter. These key concepts are clearly and consistently reinforced through related text sections, end-of-chapter material, and both student and instructor supplements (the Study Guide, Test Bank, and MyFinanceLab ).
The overarching organization is designed to conceptually link a firm's actions to its value as determined in the securities markets. Each major decision area is presented in terms of both risk and return factors and the potential impact on the owner's wealth. Focus on Value, at the end of each chapter, reinforces the connection between the financial manager's actions and share value.
"Why This Chapter Matters to You" opens every chapter with a discussion of the intersection of the finance topics covered in the chapter with the concerns of other major business disciplines and personal finance to demonstrate why the issues matter to students, especially those who may not be finance majors.
A diverse set of pedagogical aids use real-world examples and exercises to foster students' comprehension of both theory and practice:
Examples provide an immediate and concrete demonstration of how to apply financial concepts, tools, and techniques.
In Practice boxes-two per chapter-focus readers on important topics using real-world companies to explore areas of practice, e-finance, ethics, and global issues.
Spreadsheet Exercises at the end of every chapter and Spreadsheet Solutions in selected chapters demonstrate how many finance problems can be solved using Excel®.
Marginal Hints enrich text discussion, and Key Equations highlight the most important mathematical information.
Learning goals apply to the extensive end-of-chapter material-including self-test problems, warm-up exercises, problems, cases, spreadsheet exercises, and group exercises-to strengthen the pedagogical framework. Updated Web exercises can now be found on the Companion Website and offer students opportunities to find data and financial information from a variety of online sources.
Chapter cases apply key concepts to a complex, realistic situation.
MyFinanceLab, the revolutionary online learning and assessment environment, uses end-of-chapter problems with algorithmically generated values to provide unlimited practice and targeted tutorials to help students master more challenging topics. Each new student copy comes with prepaid access. Visit MyFinanceLab for more information.
I. INTRODUCTION TO MANAGERIAL FINANCE
1. The Role and Environment of Managerial Finance
2. Financial Statements and Analysis
3. Cash Flow and Financial Planning
II. IMPORTANT FINANCIAL CONCEPTS
4. Time Value of Money
5. Risk and Return
6. Interest Rates and Bond Valuation
7. Stock Valuation
III. LONG-TERM INVESTMENT DECISIONS
8. Capital Budgeting
9. Capital Budgeting Techniques: Certainty and Risk
IV. LONG-TERM FINANCIAL DECISIONS
10. The Cost of Capital
11. Leverage and Capital Structure
12. Dividend Policy
V. SHORT-TERM FINANCIAL DECISIONS
13. Working Capital and Current Assets Management
14. Current Liabilities Management
WEB CHAPTERS
15. Financial Institutions and Markets
16. International Managerial Finance
APPENDIXES
A. Financial Tables
B. Solutions to Self-Test Problems
C. Answers to Selected End-of-Chapter Problems
Online Appendix: Excel Tutor
Sources
Index
The Brief edition provides an alternative solution for instructors who are especially pressed for time. Just as thorough and effective as Principles of Managerial Finance, the Brief edition introduces a streamlined version of the fundamental concepts, tools, techniques, and practices.
Features + Benefits
Gitman's proven Learning Goal System provides a cohesive road map through the text and supporting materials, beginning with a set of learning goals for each chapter. These key concepts are clearly and consistently reinforced through related text sections, end-of-chapter material, and both student and instructor supplements (the Study Guide, Test Bank, and MyFinanceLab ).
The overarching organization is designed to conceptually link a firm's actions to its value as determined in the securities markets. Each major decision area is presented in terms of both risk and return factors and the potential impact on the owner's wealth. Focus on Value, at the end of each chapter, reinforces the connection between the financial manager's actions and share value.
"Why This Chapter Matters to You" opens every chapter with a discussion of the intersection of the finance topics covered in the chapter with the concerns of other major business disciplines and personal finance to demonstrate why the issues matter to students, especially those who may not be finance majors.
A diverse set of pedagogical aids use real-world examples and exercises to foster students' comprehension of both theory and practice:
Examples provide an immediate and concrete demonstration of how to apply financial concepts, tools, and techniques.
In Practice boxes-two per chapter-focus readers on important topics using real-world companies to explore areas of practice, e-finance, ethics, and global issues.
Spreadsheet Exercises at the end of every chapter and Spreadsheet Solutions in selected chapters demonstrate how many finance problems can be solved using Excel®.
Marginal Hints enrich text discussion, and Key Equations highlight the most important mathematical information.
Learning goals apply to the extensive end-of-chapter material-including self-test problems, warm-up exercises, problems, cases, spreadsheet exercises, and group exercises-to strengthen the pedagogical framework. Updated Web exercises can now be found on the Companion Website and offer students opportunities to find data and financial information from a variety of online sources.
Chapter cases apply key concepts to a complex, realistic situation.
MyFinanceLab, the revolutionary online learning and assessment environment, uses end-of-chapter problems with algorithmically generated values to provide unlimited practice and targeted tutorials to help students master more challenging topics. Each new student copy comes with prepaid access. Visit MyFinanceLab for more information.
I. INTRODUCTION TO MANAGERIAL FINANCE
1. The Role and Environment of Managerial Finance
2. Financial Statements and Analysis
3. Cash Flow and Financial Planning
II. IMPORTANT FINANCIAL CONCEPTS
4. Time Value of Money
5. Risk and Return
6. Interest Rates and Bond Valuation
7. Stock Valuation
III. LONG-TERM INVESTMENT DECISIONS
8. Capital Budgeting
9. Capital Budgeting Techniques: Certainty and Risk
IV. LONG-TERM FINANCIAL DECISIONS
10. The Cost of Capital
11. Leverage and Capital Structure
12. Dividend Policy
V. SHORT-TERM FINANCIAL DECISIONS
13. Working Capital and Current Assets Management
14. Current Liabilities Management
WEB CHAPTERS
15. Financial Institutions and Markets
16. International Managerial Finance
APPENDIXES
A. Financial Tables
B. Solutions to Self-Test Problems
C. Answers to Selected End-of-Chapter Problems
Online Appendix: Excel Tutor
Sources
Index