Principles of Managerial Finance, Global Edition + MyLab Finance with Pearson eText
Produktdetaljer
Biografisk notat
Chad J.Zutter is a finance professor and the James Allen Faculty Fellow at theKatz Graduate School of Business at the University of Pittsburgh. Dr. Zutterreceived his BBA from the University of Texas at Arlington and his PhD fromIndiana University. His research has a practical, applied focus and has beenthe subject of feature stories in, among other prominent outlets, TheEconomist and CFO Magazine. His papers have been cited inarguments before the US Supreme Court and in consultation with companies suchas Google and Intel. Dr. Zutter won the prestigious Jensen Prize for the bestpaper published in the Journal of Financial Economics and abest paper award from the Journal of Corporate Finance, where he iscurrently an Associate Editor. He has won teaching awards at the Kelley Schoolof Business at Indiana University and the Katz Graduate School of Business atthe University of Pittsburgh. Dr. Zutter also serves on the board of LutheranSeniorLife and, prior to his career in academics, he was a submariner in the USNavy. Dr. Zutter and his wife have four children and live in Pittsburgh,Pennsylvania. In his free time he enjoys horseback riding and downhill skiing.
ScottB. Smart is a finance professor and the Fettig/Whirlpool Finance FacultyFellow at the Kelley School of Business at Indiana University. Dr. Smartreceived his BBA from Baylor University and his MA and PhD from StanfordUniversity. His research focuses primarily on applied corporate finance topicsand has been published in journals such as the Journal of Finance,the Journal of Financial Economics, the Journal of Corporate Finance, FinancialManagement, and others. His articles have been cited by businesspublications including The Wall Street Journal, The Economist, and BusinessWeek. Winner of more than a dozen teaching awards, Dr. Smart has beenlisted multiple times as a top business school teacher by Business Week. He hasheld Visiting Professor positions at the University of Otago and StanfordUniversity, and he worked as a Visiting Scholar for Intel Corporation, focusingon that company's mergers and acquisitions activity during the ‘‘Dot-com'' boomin the late 1990s. As a volunteer, Dr. Smart currently serves on the boards ofthe Indiana University Credit Union and Habitat for Humanity. In his spare timehe enjoys outdoor pursuits such as hiking and fly fishing.
For introductory courses in managerial finance.
Using financial concepts to solve real-world problems with a proven teaching and learning framework
The Teaching and Learning System — a hallmark feature of Principles of Managerial Finance — weaves pedagogy into concepts and practice, giving students a roadmap to follow through the text and supplementary tools. The 16th Edition concentrates on the material students need to know in order to make effective financial decisions in an increasingly competitive business environment. It allows students to make the connections between a firm's action and its value, as determined in the financial market. With a large number of examples, this text is an easily accessible resource for in- and out-of-class learning.
PART I: INTRODUCTION TO MANAGERIAL FINANCE
1. The Role of Managerial Finance
2. The Financial Market Environment
PART II: FINANCIAL TOOLS
3. Financial Statements and Ratio Analysis
4. Long and Short-term Financial Planning
5. Time Value of Money
PART III: VALUATION OF SECURITIES
6. Interest Rates and Bond Valuation
7. Stock Valuation
PART IV: RISK AND THE REQUIRED RATE OF RETURN
8. Risk and Return
9. The Cost of Capital
PART V: LONG-TERM INVESTMENT DECISIONS
10. Capital Budgeting Techniques
11. Capital Budgeting Cash Flows
12. Risk and Refinements in Capital Budgeting
PART VI: LONG-TERM FINANCIAL DECISIONS
13. Capital Structure
14. Payout Policy
PART VII: SHORT-TERM FINANCIAL DECISIONS
15. Working Capital and Current Assets Management
16. Current Liabilities Management
PART VIII: SPECIAL TOPICS IN MANAGERIAL FINANCE
17. Hybrid and Derivative Securities
18. Mergers, LBOs, Divestitures, and Business Failure
19. International Managerial Finance
A best-in-class teaching and learning framework guides students' study
- Learning Goals at the start of each chapter highlight the most important concepts and techniques in the chapter. Students are reminded to think about these goals while working through the chapter by strategically placed learning goal icons.
- Why This Chapter Matters to You motivates student interest by highlighting both personal and professional benefits from achieving the chapter learning goals.
- Review of Learning Goals provides students with an opportunity to reconcile what they have learned with the learning goal and to confirm their understanding before moving on.
Current, relevant content keeps students abreast of the latest managerial finance practices
- NEW and UPDATED - Chapter-opening vignettes feature stories involving companies like Tesla, Emirates, Rolls-Royce, Coca-Cola, Facebook, and Tesco that are familiar to students and relevant for business in the “real world.”
- EXPANDED - Discussions on key topics help students make keen financial decisions in an increasingly competitive business environment. Topics include the financial markets in crisis (Chapter 2), bond price sensitivity to interest rate changes (Chapter 6), important merger concepts (Chapter 18), and much more.
- NEW and UPDATED - Examples — using data from real markets and real companies like Tesla and Southwest Airlines — connect the concepts students are learning about to their daily lives.
- Matter of Fact boxes provide interesting empirical facts that add background and depth to the material covered in the chapter.
Learner-focused features show students how to apply financial concepts to real problems
- UPDATED - Newly formatted Financial Calculator Screenshots demonstrate exact keystrokes, helping students complete time-value-money calculations.
- NEW and UPDATED - Focus On… boxes draw on actual events to highlight important business practices, ethics, and the intersection of people, planet, and profit.
- Personal Finance Examples show students the value of applying financial principles and techniques to their own personal financial decisions.
- NEW and UPDATED - End-of-chapter Opener-In-Review Questions, Review Questions, Self-Test Problems, Warm-Up Exercises, Comprehensive Problems, and Personal Finance Problems challenge readers' understanding of key concepts, tools, and techniques that they've learned about in the chapters.
MyLab® Finance is not included. Students, if Pearson Pearson MyLab Finance is a recommended/mandatory component of the course, please ask your instructor for the correct ISBN. Pearson Pearson MyLab Finance should only be purchased when required by an instructor. Instructors contact your Pearson representative for more information.
· Teach your course your way:
o Homework and practice exercises in MyLab are correlated to the exercises in the text, reflecting each author's approach and learning style. They regenerate algorithmically to give students unlimited opportunity for practice and mastery.
o TestGen® enables instructors to build, edit, print, and administer tests using a computerized bank of questions developed to cover all the objectives of the text. TestGen is algorithmically based, allowing instructors to create multiple but equivalent versions of the same question or test with the click of a button. Instructors can also modify test bank questions or add new questions. The software and test bank are available for download from Pearson's Instructor Resource Center.
· Deliver trusted content:
o Pearson eText is a simple-to-use, mobile-optimized, personalized reading experience available within MyLab. It lets students highlight, take notes, and review key vocabulary all in one place, even when offline. Seamlessly integrated videos and other rich media engage students and bring concepts to life. Educators can easily customize the table of contents and share their own notes with students so they see the connection between their eText and what they learn in class —motivating them to keep reading, and keep learning.
Current, relevant content keeps students abreast of the latest managerial finance practices
- Chapter-opening vignettes feature stories involving companies like Tesla, Emirates, Rolls-Royce, Coca-Cola, Facebook, and Tesco that are familiar to students and relevant for business in the “real world.”
- Discussions on key topics help students make keen financial decisions in an increasingly competitive business environment. Topics include the financial markets in crisis (Chapter 2), bond price sensitivity to interest rate changes (Chapter 6), important merger concepts (Chapter 18), and much more.
- Examples — using data from real markets and real companies like Tesla and Southwest Airlines — connect the concepts students are learning about to their daily lives.
Learner-focused features show students how to apply financial concepts to real problems
- Newly formatted Financial Calculator Screenshots demonstrate exact keystrokes, helping students complete time-value-money calculations.
- Focus On… boxes draw on actual events to highlight important business practices, ethics, and the intersection of people, planet, and profit.
- End-of-chapter Opener-In-Review Questions, Review Questions, Self-Test Problems, Warm-Up Exercises, Comprehensive Problems, and Personal Finance Problems challenge readers' understanding of key concepts, tools, and techniques that they've learned about in the chapters.
MyLab® Finance is not included. Students, if Pearson Pearson MyLab Finance is a recommended/mandatory component of the course, please ask your instructor for the correct ISBN. Pearson Pearson MyLab Finance should only be purchased when required by an instructor. Instructors contact your Pearson representative for more information.
Produktdetaljer
Biografisk notat
Chad J.Zutter is a finance professor and the James Allen Faculty Fellow at theKatz Graduate School of Business at the University of Pittsburgh. Dr. Zutterreceived his BBA from the University of Texas at Arlington and his PhD fromIndiana University. His research has a practical, applied focus and has beenthe subject of feature stories in, among other prominent outlets, TheEconomist and CFO Magazine. His papers have been cited inarguments before the US Supreme Court and in consultation with companies suchas Google and Intel. Dr. Zutter won the prestigious Jensen Prize for the bestpaper published in the Journal of Financial Economics and abest paper award from the Journal of Corporate Finance, where he iscurrently an Associate Editor. He has won teaching awards at the Kelley Schoolof Business at Indiana University and the Katz Graduate School of Business atthe University of Pittsburgh. Dr. Zutter also serves on the board of LutheranSeniorLife and, prior to his career in academics, he was a submariner in the USNavy. Dr. Zutter and his wife have four children and live in Pittsburgh,Pennsylvania. In his free time he enjoys horseback riding and downhill skiing.
ScottB. Smart is a finance professor and the Fettig/Whirlpool Finance FacultyFellow at the Kelley School of Business at Indiana University. Dr. Smartreceived his BBA from Baylor University and his MA and PhD from StanfordUniversity. His research focuses primarily on applied corporate finance topicsand has been published in journals such as the Journal of Finance,the Journal of Financial Economics, the Journal of Corporate Finance, FinancialManagement, and others. His articles have been cited by businesspublications including The Wall Street Journal, The Economist, and BusinessWeek. Winner of more than a dozen teaching awards, Dr. Smart has beenlisted multiple times as a top business school teacher by Business Week. He hasheld Visiting Professor positions at the University of Otago and StanfordUniversity, and he worked as a Visiting Scholar for Intel Corporation, focusingon that company's mergers and acquisitions activity during the ‘‘Dot-com'' boomin the late 1990s. As a volunteer, Dr. Smart currently serves on the boards ofthe Indiana University Credit Union and Habitat for Humanity. In his spare timehe enjoys outdoor pursuits such as hiking and fly fishing.