Publisher's Synopsis
Distinguished by it integrated use of concepts from accounting, human resource management, marketing and production, this text is designed to prepare students for working in 'real' businesses,without neglecting their understanding of financial theories.;The first part discusses free cash flows, time value for money (including Fisher-separation), diversification and asset pricing, and the valuation of debt, equity and options.;Subsequent topic coverage includes capital budgeting, the financial management of operations, financial policy and planning, and mergers and reorganizations.;With the use of actual rates of returns and prices, where possible, the student is kept closely in touch with current practices in the financial world.
