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Fundamentals of Financial Management Concise 7th ed.
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If you are a seller for this product, would you like to suggest updates through seller support? Gain a focused understanding of today's corporate finance and financial management with the market-leading approach in Brigham and Houston's Fundamentals of Financial Management Concise Seventh Edition. This book's unique balance of clear concepts, contemporary theory, and practical applications helps readers better understand the concepts and reasons behind corporate budgeting, financing, and working capital decision making.
Numerous practical examples, proven end-of-chapter applications, and Integrated Cases demonstrate theory in action, while Excel Spreadsheet Models help readers master this software tool. It's a book designed to put each reader first in finance today. About This Edition Students will gain a focused understanding of today's corporate finance and financial management with the latest concise approach from the market-leading author team that has set the standard for quality, reliability, accuracy, and innovation.
New Features Current, relevant coverage The Seventh Edition has been updated to include discussions of several major events such as the BP oil spill, the European debt crisis, and the ongoing weakness in the economy and financial markets. After posing the question, the exercise walks students through the process of finding its solution.
The authors designed these questions to parallel the activity in a classroom setting, in which students go through an example to make concepts more concrete.
Expanded real-world examples To help students bridge the gap between concept and application, the authors have included more real-life examples throughout the text, including a broader discussion of the role of hedge funds and private equity of major firms, a detailed breakdown of the cash conversion cycle components for several leading companies, and an extensive updating of corporate bond ratings, yields, and dividend payouts for a broad range of companies.
More emphasis on and clarity of key topics The authors have clarified their discussion of free cash flow Chapter 3 and better demonstrated its effects on the value of commons Chapter 9 and the value of corporate projects Chapters 11 and They also reorganized some of the spreadsheet examples so that these have a more consistent presentation throughout the text.
Web appendices added Two new Web Appendices on "Common Sized Balance Sheets" and "Duration" have been added that are an ideal option for instructors with advanced students.
Additional Features Author-written supplement support provides consistency throughout the comprehensive package. Throughout all of this edition's supplements, you find the same level of accuracy and precision crafting that has made this text a leader.
Prepared by the text authors to ensure consistency, this seamless, integrated package includes a comprehensive Instructor's Manual, Student Study Guide and sizeable Test Bank, as well as numerous digital resources.
A unique balance of theory and practice keeps today's students engaged and focused. A hallmark strength of this leading finance text is that this edition clearly introduces important financial theories using a practically focused presentation.
Students immediately see the impact and importance of financial theories and trends at work through proven learning features, a variety of today's most recent real financial and business world examples, practical problem sets, and integrated mini-cases. The Thomson ONE-BSE online database, available with this edition, puts students in the role of an actual business professional, letting them complete basic financial research and analysis using the same tool that professional brokers and analysts use every day to access leading financial data sources.
Integrated spreadsheet models help students refine financial problem-solving techniques. The enhanced Test Bank provides algorithmic problems for your flexibility.
Revised by the authors for this edition, the proven, comprehensive Test Bank offers hundreds of class-tested questions and problems in printed or electronic form. Focused Self-Test Problems ensure student understanding throughout each chapter. Strategically placed Self-Test Problems for students appear immediately after each major section of the chapter and enable students to test their comprehension before moving ahead, instead of waiting until the conclusion of the chapter.
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Fundamentals Of Financial Management 7th Edition Solution
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About the Author Dr. Read more. Product details Hardcover: Cengage Learning; 7th edition January 26, Language: English ISBN Try the site edition and experience these great reading features: Share your thoughts with other customers.
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Top Reviews Most recent Top Reviews. There was a problem filtering reviews right now. Please try again later. Hardcover Verified download. This book was a required text for a financial management class in which the class was geared as an introductory course to finance. I found this book extremely difficult to understand as a beginner in this subject area-- the language and vocabulary used was written with the assumption that the reader has a background in finance.
Many financial terms were undefined or would be explained only in the fine print of the text. I found myself constantly looking online to define words or better explain concepts because the text did a poor job. Also, went referencing figures and tables in the text, the author would analyze a table and explain it but the table would be on the next page so it made no logical sense The authors of this book obviously have been around this information far too long and can no longer communicate at an introductory level.
Fundamentals of Financial Management is geared toward courses for people either forming the base for further study in finance or for courses in finance for non-financial managers which applies to me. If you are going to be in any type of upper management, especially a CEO or executive vice president, you'll need to have a basis for how financials work as well as if you are in business for yourself.
I am finishing up a course in my PhD program that uses this as the assigned textbook. For the most part, explanations are thorough and I really appreciate the samples of excel calculations as well as financial calculator use.
Though it is a textbook, for the most part, it's not that difficult to read. My only complaint is that some of the explanations of certain concepts receive little attention in the chapter, but a detailed question is asked in the problems at the end of the chapter based on that concept.If anything, this book is for those who know finance and just need a brief refresher. Deals and Shenanigans. Question: Which of these people or organizations do you prefer to follow online.
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