The coverage of this book is very comprehensive, and it will serve as concise guide to a wide range of areas that are relevant to the Finance field. The book contain 25 chapters and also number of real life financial problems in the Indian context in addition to the illustrative problems.
Why students and instructors choose PROBLEM SOLVERS: "They are more helpful and instructive than the usual textbook solution manuals". They solve not only simple problems, but also those that are encountered on tests. The PROBLEM SOLVER covers all assigned topics in a textbook. Students can expect to be well-prepared for any exam on any topic in any subject with REA's line of PROBLEM SOLVERS.
Useful for undergraduate and graduate students of international business, this work features coverage of the Asian financial crisis and the European Union. Its treatment of such topics as foreign exchange, international trade policy, and economic development introduces students to techniques for analyzing national economies.
For MBA courses in International Corporate Finance, International Business Finance, and Multinational Financial Management. This book focuses upon the basic principles which together make a "toolkit" for analysis of issues in international finance. It also captures the importance and excitement of international financial management and highlights the new approaches in the field. It covers the theoretical foundations of international financial decisions and contains extensive applications of the theory to financial practice with a main objective of developing critical thinking skills regarding the theory and practice of international financial management.
This booklet express the theory of financial management which provides framework for investment and financing decision. The booklet aims to build an understanding to the central ideas and theories of modern finance, and will be helpful in financial decision making and present information about the institutions and environment relevant to business finance and corporate finance. As we are aware that financial management is an essential part of the economic and non-economic activities which leads to decide the efficient procurement and utilization of finance with profitable manner. Financial management also developed as a business finance and corporate finance. This booklet seeks to discuss the theory of finance which provides framework for investment and financing decision, also to build understanding the central ideas and theories of modern finance, and helpful in financial decision making and present information about the institutions and environment relevant to corporate finance.
With the Bologna Accords a bachelor-master-doctor curriculum has been introduced in various countries with the intention that students may enter the job market already at the bachelor level. Since financial Institutions provide non negligible job opportunities also for mathematicians, and scientists in general, it appeared to be appropriate to have a financial mathematics course already at the bachelor level in mathematics. Most mathematical techniques in use in financial mathematics are related to continuous time models and require thus notions from stochastic analysis that bachelor students do in general not possess. Basic notions and methodologies in use in financial mathematics can however be transmitted to students also without the technicalities from stochastic analysis by using discrete time (multi-period) models for which general notions from Probability suffice and these are generally familiar to students not only from science courses, but also from economics with quantitative curricula. There do not exists many textbooks for multi-period models and the present volume is intended to fill in this gap. It deals with the basic topics in financial mathematics and, for each topic, there is a theoretical section and a problem section. The latter includes a great variety of possible problems with complete solution.
Written to support courses that focus on short-term financial management, working capital, and treasury management, the newly revised fifth edition of Short-Term Financial Management provides a comprehensive overview of vital topics within the discipline of corporate finance. The opening chapter provides a review of time value of money applied to short-term cash flows, as well as the basics of financial statement analysis, highlighting the calculation of operating cash flow. This edition emphasizes benchmarking the cash conversion cycle and the cycle's connection to firm value. It features a revised discussion of bank relationship management and expansion of content on account analysis statements. There is new material on float neutrality and the application of statistical tools through the use of Excel. The chapters on short-term investing and borrowing are revised to emphasize the calculation and interpretation of yields and borrowing costs. Throughout, "Focus on Practice" sections introduce students to real-world articles and case studies. New "Test Your Understanding" boxes reinforce critical topics from select chapters, and enhanced end-of-chapter problems encourage critical thinking. Introducing many of the topics covered by the Certified Treasury Professional (CTP) certification, Short-Term Financial Management is suitable for courses in intermediate financial management and advanced corporate finance.
This book provides innovative solutions to fundamental problems in finance, such as the valuation of bond and equity, the pricing of debt, equity and total asset, the determination of optimal capital structure, etc., which are unsolved or poor-solved so far. The solutions in this book all have the following features: Based on essential assumptions in line with reality, the final solutions are analytical solutions with closed-form models, the forms and variables of the models are determined by strict and objective logic processes rather than chosen or presumed subjectively, such as the new growth model for stock valuation, the new CAPM accounting for total risk rather than only systematic risk, the real solution to optimal capital structure based on the trade-off between tax shield and bankruptcy cost. In addition, these basic solutions or models are adjusted easily to various application scenarios.
This book is a comprehensive and authentic textbook for those seeking a thorough understanding of strategic cost management in the modern business environment. It emphasises the importance of cost consciousness in the competitive business world, highlighting its role in the survival and sustainability of business concerns. Structured into 38 well-organised chapters, the textbook discusses traditional and modern cost management techniques, ensuring a broad and updated coverage of the subject matter. Special attention is given to Operations Research, simplifying complex topics like Simulation Modeling, Learning Curve Theory, Assignment Problems, Transportation Problems, Linear Programming, and Network Analysis for easier student comprehension. This book is tailored for students and professionals in higher-level business management courses. It is particularly beneficial for those preparing for M.Com., MBA, MFM, CA, CMA, and CS courses. The Present Publication is the 5th Edition, authored by Ravi M. Kishore, with the following noteworthy features: • [Simple & Lucid Language] The content is presented to simplify complex concepts, making it accessible to students and professionals alike • [Illustrations & Diagrams] The concepts within are elucidated through a multitude of illustrations and diagrams, making complex and advanced subjects more accessible • A significant focus is given to Operations Research, presented in an easy-to-understand manner • [Theory Questions] are included at the end of each chapter to aid in self-testing and reinforce learning • [Practical Problems] Each chapter is fortified with numerous solved practical problems for self-study, enhancing the hands-on learning experience The detailed contents of the book are as follows: • Overview of Strategic Cost Management • Cost Concepts for Decision-Making • Incremental, Relevant and Opportunity Cost Concepts • Activity-Based Cost System • Target Costing • Backflush Accounting and Resource Consumption Accounting • Throughput Accounting • Breakeven and Volume – Cost-Profit Analysis • Application of Marginal Costing Technique • Cost Control Through Standard Costing • Cost Management with Setting Budgets • Product Pricing – Methods and Strategies • Responsibility Accounting and Divisional Profitability • Interdivisional Transfer Pricing • Management of Marketing and Distribution Cost • Productivity Management • Capacity Management • Employee Training, Relocation and Cost of Strike • Pareto Analysis and Theory of Constraints • Just In Time and Lean Manufacturing • Quality Management – Systems and Techniques • Project Life Cycle Costing • Product Life Cycle Costing • Balanced Score Card • Business Process Outsourcing • Benchmarking • Value Chain Analysis • Supply Chain Management • MRP, MRP II and ERP • Management Information Systems • Uniform Costing and Interfirm Comparisons • Cost Audit and Management Audit • Simulation Modelling • Learning Curve Theory • Network Analysis (PERT and CPM) • Assignment Problem • Transportation Problem • Linear Programming • Mathematical Tables