Principles of Corporate Finance Global Edition by Brealey, Myers and Allen

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Retaining the right amount of cash or cash equivalent on hand is not an easy job but corporate finance provides a guideline on how you can ensure the right amount of liquid fund to continue uninterrupted services. Another thing is while maintaining the required amount of funds as a liquid asset it must be needed to consider profitability also. As the surplus amount holding on hand will not generate any revenue so proper planning is necessary to optimize profitability and liquidity. Principles of Working Capital Management

The latest edition in the Principles of Corporate Finance dynasty, the 14th edition continues in its tradition of showing how theory applies to the very practical problems and decisions faced by financial managers. Connect is an online platform integrating ready-made course content with assessment and tools. The platform uses the most established adaptive digital technology to deliver a more effective learning experience for both students and educators across over 90 disciplines.There is a direct relationship between risk and return. The expectation of return will be higher when there is a high risk associated with the investment and vice versa. So before investment, it is required to ensure a balance between risk and return. So that company will do better in the long run. The target is to maximization of return by taking the optimal amount of risk. Profitability & Liquidity Optimization Principle In addition to the usual revisions you would expect, such as up-to-date examples, figures and discussion of current events, new author Alex Edmans brings to the book his expertise in the areas of corporate governance, responsible business and behavioural finance. Content changes include:

Mergers and acquisitions: motivations for merger activity; calculating the gains and losses from merger/takeover; the free-rider problem and takeover activity. The RRP is the suggested or Recommended Retail Price of a product, set by the publisher or manufacturer. I'm currently working on my MBA. I graduated with a 4.0 and a 3.79 for my two undergraduate degrees; I work hard for my grades. In all my currently nine years of higher education I've never come across a more poorly written textbook. There is a lot of math involved, but formulas are rarely clearly given, and algebraic rearrangements of the formulas are interspersed without comment or warning. Examples are wordy and difficult to follow. The index misses many important concepts and the glossary refuses to include any sort of formula to assist with calculations. understand and explain different capital structure theories, including information asymmetry and agency conflict If taken as part of a BSc degree, the following course(s) must be attempted before this course may be taken:Chapters now also conclude with key takeaway bullet points summarizing the chapter’s principal lessons. The Connect Application-Based Activities (ABAs) provide students valuable practice using problem solving skills to apply their knowledge to realistic scenarios. Students’ progress from understanding basic concepts to using their knowledge to analyse complex scenarios and solve problems. Available ABAs for corporate finance include: The Goals and Activities of Financial Management A. Brealey, S.C. Myers and F. Allen. Principles of Corporate Finance. McGraw-Hill Irwin. Syllabus Assessment Assessment Summative Brealey, Principles of Corporate Finance, 13e, describes the theory and practice of corporate finance. We hardly need to explain why financial managers have to master the practical aspects of their job, but we should spell out why down-to-earth managers need to bother with theory. Throughout this book, we show how managers use financial theory to solve practical problems. Much of this book is concerned with understanding what financial managers do and why. But we also say what financial managers should do to increase company value. A new section looking specifically at how financial innovation today is driven by technological developments such as artificial intelligence, big data, and cloud computing, and the impact this has on practice.

If taken as part of a BSc degree, courses which must be passed before this course may be attempted: Principles of Corporate Finance - The McGraw-Hill/Irwin Series in Finance, Insurance, and Real Estate. Financial Management There are 8 principles of corporate finance that every corporate finance manager should know before taking a financial decision. So that corporate can get the most out of the available monetary resources. The principles are:Looking at what financial managers do and why, the book aims to give readers a solid understanding of theory so that they know what questions to ask when times change and new problems need to be analyzed, eventually standing as a reference and a guide to help them make financial decisions, not just study them. Acquire an understanding of corporate financial objectives, the dimensions of corporate financial decision making