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Books > Business & Economics > Finance & accounting > Finance > Investment & securities
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Capital Investment Financial Decisions (Paperback, 5th edition)
Loot Price: R1,690
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Capital Investment Financial Decisions (Paperback, 5th edition)
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A textbook for students of corporate finance, capital budgeting,
financial management, and financial theory. Blending theory and
practice, it describes the practical applications of the modern
theory of finance to realistic corporate decisions, made in
uncertain environments, with particular reference to the allocation
of the firm's long-term capital resources. This revised and updated
edition (fourth was 1990) adds a new chapter on short-term working
capital management. A substantial revision of a bestseller by two
prominent authors, this book focuses on the practical application
of the modern theory of finance to realistic corporate decisions,
with an emphasis on the allocation of a firm's long-term capital
resources. Includes new chapters on short term working capital
management and new examples throughout. Offering a unique blend of
theory and practice, Capital Investment and Financial Decisions
describes the practical application of the modern theory of finance
to realistic corporate decisions, made in uncertain environments,
with particular reference to the allocation of the firm's long-term
capital resources. In the fifth edition: A new chapter on
short-term working capital management; real-world examples have
been incorporated throughout the textbook to enhance the student's
understanding of the material presented as well as increase the
student's awareness of the material being discussed; consistent
with the current low inflationary environment, inflation has been
incorporated in the relevant chapters rather than an entire chapter
being devoted to the topic; new problems and mini-cases have been
added to every chapter; the relevant changes in the US tax code
have been incorporated; the discussion of capital market theory has
been updated to reflect current and ongoing research in this area;
and boxed articles from the financial media are quoted, emphasizing
the relevance of the studied material. Capital Investment and
Financial Decisions, Fifth Edition, is for students of corporate
finance, capital budgeting, financial management, and financial
theory.
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