Understanding Finance : Money, Capital, and Investments
For freshman-level courses in finance. Combining theory and practical knowledge of finance, this comprehensive yet accessible First Edition provides students with a text that is grounded in "real" business. Focusing on financial issues in local businesses and small- to medium-sized companies rather than Fortune 500 corporations, this text delivers a user-friendly introduction to the world of finance that answers the many basic "what" and "why" questions, furnishing students with a solid understanding of this intricate area of business that they can apply in the working world.
- Paperback | 352 pages
- 198.1 x 251.5 x 17.8mm | 567g
- 06 Jun 2003
- Pearson Education (US)
- Upper Saddle River, NJ, United States
Back cover copy
Designed to help students with a foundation in business, Understanding Finance provides the background for understanding economic signals and the financial environment. Using straightforward mathematics, the structure assumes little knowledge of finance. It covers basic corporate finance, with rudimentary guides on: Risk and returnFederal Reserve SystemExport and tradeForeign exchangeEquity and bond marketsMergers and acquisitionsBankruptcyAnd more Learn to read financial statements and how to create them. Explore accounting principles- From Planning to BudgetingFrom Profit to Divestitures Learn how to value all or part of a business, and start the process through a logical organization- From Money to BankingFrom Financing to Investments
Table of contents
1. Introduction: What is Finance? 2. Key Financial Concepts. 3. Money. 4. The Federal Reserve and Other Central Banking Systems. 5. Financial Institutions. 6. Accounting Overview. 7. Breakeven Analysis and Profit. 8. Planning: Forecasting and Budgeting. 9. Working Capital Management: The Management of Short Term Assets. 10. Capital Budgeting. 11. Mergers and Divestitures. 12. Investment Overview. 13. Types of Bonds and Their Valuation. 14. Equity. Appendix A: Time Value of Money Charts. Appendix B: MACRS Depreciation Schedules.