Analysis for financial management
/ Robert C. Higgins.
- Tenth edition.
- New York, NY : McGraw-Hill/Irwin, 2012.
- xv, 459 pages : illustrations, tables, graphs (black and white) ; 24 cm.
- The McGraw-Hill/Irwin series in finance, insurance and real estate. .
Assessing the financial health of the firm ― Interpreting financial statements ― Evaluating financial performance ― Planning future financial performance ― Financial forecasting ― Managing growth ― Financing operations ― Financial instruments and markets ― The financing decision ― Evaluating investment opportunities ― Discounted cash flow techniques ― Risk analysis in investment decisions ― Business valuation and corporate restructuring ― Appendix A: Present value of $1 ― Appendix B: Present value of an annuity of $1 ― Glossary ― Suggested answers to odd-numbered problems ― Index.
Like its predecessors, the tenth edition of Analysis for Financial Management is for nonfinancial executives and business students interested in the practice of financial management. It introduces standard techniques and recent advances in a practical, intuitive way. The book assumes no prior background beyond a rudimentary, and perhaps rusty, familiarity with financial statements — although a healthy curiosity about what makes business tick is also useful. Emphasis throughout is on the managerial implications of financial analysis. Analysis for Financial Management should prove valuable to individuals interested in sharpening their managerial skills and to executive program participants. The book has also found a home in university classrooms as the sole text in Executive MBA, and applied finance courses, as a companion text in case-oriented courses, and as a supplementary reading in more theoretical finance courses.