A concise yet thorough, analytically sound 14-chapter introduction to financial management designed especially for the experienced executive. Where most texts prove to be either too simplistic or too advanced for most non-financial managers, this book employs the appropriate level of both practicality and rigor for the executive audience. Its practical approach make it ideal for a course taught from a case approach or as a complement to a more technical introductory text. Self-contained chapters make it an excellent and concise reference text and useful for readers who want to learn the concepts on their own outside of the traditional classroom.
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An introductory text written specifically for executives involved with financial matters and financial management, intended to fill the gap between introductory accounting and finance manuals for non-financial managers and advanced texts in corporate finance. Material emphasizes rigorous analysis but avoids complicated formulas that have no direct application to decision making. Mathematical derivations of formulas are given in appendices. Most chapters are self-contained. Coverage includes balance sheets and income statements, financial diagnosis and management, investment decisions, financing decisions, and business decisions. Includes a glossary and review problems. The authors are affiliated with the European Institute of Business Administration. This second edition includes new case studies. Annotation c. Book News, Inc., Portland, OR (booknews.com)
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