Financial Management : Principles and Applications | Thirteenth Edition | By Pearson

Students often struggle to see how financial concepts relate to their personal lives and prospective careers. Financial Management: principles and applications gives students a big picture perspective of finance and how it is important in their personal and professional lives. Utilizing five key principles, The 13th edition provides an approachable introduction to financial decision-making, weaving in real world issues to demonstrate the practical applications of critical financial concepts. Features: 1. Tying it all together. Through relevant, contemporary examples, students can easily identify relationships between the following key financial principles: principle 1: money has a time value. Principle 2: There is a risk-return tradeoff. Principle 3: cash flows are the source of value. Principle 4: market prices reflect information principle 5: individuals respond to incentives. – a running glossary appears in the margins to define key terms found within each section. – finance in a flat world boxes demonstrate how each chapter content applies to international business, including the ongoing global financial crisis. – The business of life boxes link important financial concepts to personal finance matters, helping students see key principles in action. – fundamental equations appear throughout each br>Chapter so students can reference formulas for assignments and problems. – Checkpoint worked examples allow students to assess their progress and knowledge at specific points throughout the text. – appendices provide supplemental information on Skills such as using a financial calculator and spreadsheet, and reading time value of money tables. Table of Contents: Part 1: Introduction to financial Management 1. Getting started—principles of finance 2. Firms and the financial markets 3. Understanding financial statements 4. Financial analysis—sizing up firm performance part 2: valuation of financial assets 5. The time value of money—the basics 6. The time value of money—annuities and other topics 7. An introduction to risk and return—history of financial market returns 8. Risk and return—capital market theory 9. Debt valuation and interest rates 10. Stock valuation part 3: capital Budgeting 11. Investment decision criteria 12. Analysing project cash flows 13. Risk analysis and project evaluation 14. The cost of capital part 4: capital structure and Dividend policy 15. Capital structure policy 16. Dividend and share repurchase policy part 5: liquidity management and special topics in finance 17. Financial forecasting and planning 18. Working-capital management 19. International business finance 20. Corporate risk management.