استفسار عن كتاب. Essay

80243 Words Feb 23rd, 2013 321 Pages
Instructor’s Manual
Fundamentals of Financial Management twelfth edition

James C. Van Horne John M. Wachowicz JR.

ISBN 0 273 68514 7  Pearson Education Limited 2005 Lecturers adopting the main text are permitted to photocopy the book as required.

© Pearson Education Limited 2005

Pearson Education Limited Edinburgh Gate Harlow Essex CM20 2JE England and Associated Companies throughout the world Visit us on the World Wide Web at: www.pearsoned.co.uk Previous editions published under the Prentice-Hall imprint Twelfth edition published under the Financial Times Prentice Hall imprint 2005 © 2001, 1998 by Prentice-Hall, Inc. © Pearson Education Limited 2005 The rights of James C. Van Horne and John M. Wachowicz JR. to be
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Given a coverage of these topics, we then have found it easier to build upon this base in the subsequent teaching of financial management.

More specifically, the book goes on to investigate current asset and liability decisions and then moves on to consider longer-term assets and financing. A good deal of emphasis is placed on working-capital management. This is because we have found that people tend to face problems here when going into entry-level business positions to a greater extent than they do to other asset and financing area problems.

Van Horne and Wachowicz: Fundamentals of Financial Management, 12e

1

Introduction

© Pearson Education Limited 2005

Nonetheless, capital budgeting, capital structure decisions, and long-term financing are very important, particularly considering the theoretical advances in finance in recent years. These areas have not been slighted. Many of the newer frontiers of finance are explored in the book. In fact, one of the book's distinguishing features is its ability to expose the student reader to many new concepts in modern finance. By design, this exposure is mainly verbal with only limited use of mathematics. The last section of the book

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