- Includes Chapter Summaries and Solutions to Practice Exercises
- Financial Management concepts simplified
- Fundamentals explained for business professionals and non-finance graduates
- Important standard principles covered
- Solved exercises and practice questions
Financial Management Essentials You Always Wanted To Know: 4th Edition provides new managers and leaders with the foundational concepts of financial management. This book is designed to help students, freshers, management professionals, and new managers navigate the complex world of corporate finance. It provides an overview of core financial concepts such as:
- Analysis of financial statements
- Cost of Capital
- Creating a capital budget
- Managing working capital
- Stocks and dividends
- Forecasting
Each chapter provides clear examples of financial management practices and includes practice exercises to help train the reader in the usage of these critical tools. This edition also includes Chapter Summaries and Solutions to Practice Exercises.
About the Series
The Self-Learning Management Series is designed to help students, new managers, career switchers and entrepreneurs learn essential management lessons. This series has marketing books, management books, accounting books and more, that have been designed to address every aspect of business across every industry. Each book includes basic fundamentals, important concepts, standard and well-known principles, and practical ways of application of the subject matter. The distinctiveness of the series lies in that all the relevant information is bundled in a compact form that is very easy to interpret.
Jadual kandungan
1. Introduction to Financial Management2. Financial Statement Analysis Ratio Analysis Du Pont Framework Benchmarking Limitation of Financial Ratios Common-size Financial Statements Solved Examples Practice Exercise Chapter Summary3. Cost of Capital Cost of Debt (ka)Cost of Preferred Stock (kp)Cost of Retained Earnings (ks)Cost of New Common Stock (ke)Weighted Average Cost of Capital (WACC)Solved Examples Practice Exercise Chapter Summary4. Capital Budgeting Free Cash Flow Timing of Cash Flow Estimating Cash Flows over Life of Project Payback Period Discounted Payback Period Net Present Value (NPV)Internal Rate of Return (IRR)Modified Internal Rate of Return (MIRR)Usage of Capital Budgeting Methods Solved Examples Practice Exercise Chapter Summary5. Working Capital Management Cash Conversion Cycle Current Asset Investment Policies Current Asset Financing Approaches Short-Term Financing Options Solved Examples Practice Exercise Chapter Summary6. Capital Structure Debt Optimal Capital Structure Capital Structure Theories Solved Examples Practice Exercise Chapter Summary7. Distribution to Shareholders Factors in setting Dividend Distribution Policy Residual Dividend Model Dividend Payment Procedures Dividend Reinvestment Plan (DRIP)Stock Splits and Stock Dividends Stock Repurchases Solved Examples Practice Exercise Chapter Summary8. Forecasting Financial Statements Step 1 – Forecast Sales Step 2 – Forecast Income Statement Step 3 – Forecast Balance Sheet – 1st Pass Step 4 – Raising Additional Funds Needed (AFN)Step 5 – Forecast Balance Sheet – 2nd Pass AFN Formula Solved Examples Practice Exercise Chapter Summary Glossary