Financial Management: Principles and Applications (10th Edition)

With its exciting introduction of the Harley-Davidson focus company theme, this book continues to provide a solid, enduring foundation of the tools of modern theory while at the same time developing the logic behind their use. The “10 Principles of Finance” (formerly “Axioms” ) provide the framework, or “the big picture” of finance, which ties the major concepts of the book together.

A six-part organization covers the scope and environment of financial management, valuation of financial assets, investment in long-term assets, capital structure and dividend policy, working-capital management, and special topics in finance, and special topics in finance.

For an enduring understanding of the basic tools and fundamental principles upon which finance is based.

Booknews

This text for an introductory finance class is built around 10 basic principles of finance, and emphasizes both valuation and the capital markets and their influence on corporate financial decisions. Harley- Davidson is used as an ongoing case example to introduce chapter topics. Examples from international finance are integrated throughout the text. Learning features include integrative problems, objectives and key terms, and exercises using both calculators and spreadsheets. This ninth edition contains new chapters on managing for shareholder value and the use of EVA to measure firm and divisional performance, and on international financial management. Annotation c. Book News, Inc., Portland, OR (booknews.com)