Chapter 15: Analysis and Interpretation of Financial
Surveys of corporate financial managers show that financial managers spend
a significant amount of their time on financial planning and analysis
Chapter 16: Liquidity Management
Companies often make profits on paper, but if they do not have the cash to
sustain their operations, they cannot continue to do business.
The global financial crisis and resulting shorta
Chapter 7: Sources of Finance
The financing decision is one of three key management decisions that form
part of the financial management of any business.
After management has identified and evaluated profitable investme
Chapter 8: Capital Structure
The capital structure of a business refers to the relative levels of long-term
debt and equity that management uses to finance the assets of the business.
The debt/equity ratio where the bus
Chapter 9: Cost of Capital
Investments create value for a business when the return of the investment
exceeds the cost of the funds that were used to finance it.
The cost of capital is the best estimate of the cost of fi
Chapter 6: Risk and Return
Every entity in existence encounters and has to manage some type of risk.
Because of uncertainty in the market, it is impossible to predict reliably what
is going to happen in the future. There
Chapter 10: Capital Budgeting
Financial manager is faced with three key decisions: investment decision,
financing decision and the decision about how much profit to distribute to
Investments add value if i
Chapter 2: Time Value of Money
Most people would have encountered financial mathematics at some stage. Therefore, we are all
familiar with concepts of inflation, required returns and wealth creation.
The value of money
Chapter 1: Introduction to Financial Management
Financial management the managerial activity that is concerned with
planning and controlling an entitys financial resources. It involves making
short- and long-term decision