Introduction To Accounting And Managerial Finance, An: A Merger Of Equals

by Harold Bierman, Jr

Overview

This book introduces corporate financial management, based on the basic capital budgeting framework and the time value of money. It focuses on theoretical formulations and correct application of financial techniques that will help improve managerial and financial decisions. Based on fundamental principles of accounting and finance like time value of money and after-tax cash flows, it introduces readers to real-world constraints and complexities in the two fields.Written in a simple and accessible manner, this book can be read by students of finance and accounting courses, business professionals and general public alike.

Product Details

ISBN-13:	9789814273824
Publisher:	World Scientific Publishing Company, Incorporated
Publication date:	01/22/2010
Edition description:	New Edition
Pages:	404
Product dimensions:	6.00(w) x 9.00(h) x 1.10(d)

Table of Contents

Preface v

Chapter 1 Finance, Accounting and Corporate Objectives 1

Chapter 2 The Time Value of Money 13

Chapter 3 An Introduction to Financial Reporting 29

Chapter 4 Capital Budgeting 57

Chapter 5 The Income Statement 85

Chapter 6 Comparing the Use of Cash Flows and Incomes 101

Chapter 7 Depreciation Expense 111

Chapter 8 Long-Term Liabilities 137

Chapter 9 Stockholders' Equity 151

Chapter 10 Distributions to Shareholders 167

Chapter 11 Capital Structure: Weighted Average Cost of Capital (WACC) 193

Chapter 12 Buy versus Lease 223

Chapter 13 Preferred Stock 247

Chapter 14 Managerial Performance 259

Chapter 15 Mergers and Acquisitions: Consolidations 289

Chapter 16 Convertible Bonds 323

Chapter 17 Inventories 343

Chapter 18 The Cash Flow Statement 363

Appendices 377

About the Author 385

Index 387