《财务管理基础第13版》相关章节答案 ppt课件
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1. With an objective of maximizing shareholder wealth, capital will tend to be allocated to the most productive investment opportunities on a risk-adjusted return basis. Other decisions will also be made to maximize efficiency. If all firms do this, productivity will be heightened and the economy will realize higher real growth. There will be a greater level of overall economic want satisfaction. Presumably people overall will benefit, but this depends in part on the redistribution of income and wealth via taxation and social programs. In other words, the economic pie will grow larger and everybody should be better off if there is no reslicing. With reslicing, it is possible some people will be worse off, but that is the result of a governmental change in redistribution. It is not due to the objective function of corporations.
120
14. Risk and Managerial (Real) Options in Capital Budgeting
134
(some sections may be omitted in an abbreviated course)
15. Required Returns and the Cost of Capital
ROBERT GOIZUETA Former CEO, The Coca-Cola Company
9
2020/12/12
© Pearson Education Limited 2008
2
精品资料
• 你怎么称呼老师？
• 如果老师最后没有总结一节课的重点的难点，你 是否会认为老师的教学方法需要改进？
• 你所经历的课堂，是讲座式还是讨论式？ • 教师的教鞭
• “不怕太阳晒，也不怕那风雨狂，只怕先生骂我 笨，没有学问无颜见爹娘 ……”
• “太阳当空照，花儿对我笑，小鸟说早早早……”
Chapter 1: The Role of Financial Management
ANSWERS TO QUESTIONS
49
7. Funds Analysis, Cash-flow Analysis, and Financial Planning*
61
8. Overview of Working-capital Management
82
9. Cash and Marketable Securities Management
2020/12/12
3
1
© Pearson Education Limited 2008
The Role of Financial Management
Increasing shareholder value over time is the bottom line of every move we make.
Van Horne and Wachowicz, Fundamentals of Financial Management, 13th edition, IHale Waihona Puke Baidustructor’s Manual
Contents
Chapters
Pages
1. The Role of Financial Management
chapters have been written so that this can be done without any problem.
本课程涉及的章节
Chapter 1 Chapter 3 Chapter 4 Chapter 5 Chapter 6 Chapter 15 Chapter 16
225
23. Mergers and Other Forms of Corporate Restructuring
234
24. International Financial Management
251
*Note: Some instructors prefer to cover Chapters 6 and 7 before going into Chapters 3-5. These
9
2. The Business, Tax, and Financial Environments
12
3. The Time Value of Money*
19
4. The Valuation of Long-term Securities*
32
5. Risk and Return*
41
6. Financial Statement Analysis*
144
16. Operating and Financial Leverage (may be omitted in an abbreviated course)
157
17. Capital Structure Determination
174
18. Dividend Policy
184
19. The Capital Market
195
20. Long-term Debt, Preferred Stock, and Common Stock
201
21. Term Loans and Leases (may be omitted in an abbreviated course)
213
22. Convertibles, Exchangeables, and Warrants
88
10. Accounts Receivable and Inventory Management
93
11. Short-term Financing
105
12. Capital Budgeting and Estimating Cash Flows
112
13. Capital Budgeting Techniques
Chapter 17
THE ROLE OF FINANCIAL MANAGEMENT THE TIME VALUE OF MONEY* THE VALUATION OF LONG-TERM SECURITIES* RISK AND RETURN* FINANCIAL STATEMENT ANALYSIS* REQUIRED RETURNS AND THE COST OF CAPITAL OPERATING AND FINANCIAL LEVERAGE CAPITAL STRUCTURE DETERMINATION
120
14. Risk and Managerial (Real) Options in Capital Budgeting
134
(some sections may be omitted in an abbreviated course)
15. Required Returns and the Cost of Capital
ROBERT GOIZUETA Former CEO, The Coca-Cola Company
9
2020/12/12
© Pearson Education Limited 2008
2
精品资料
• 你怎么称呼老师？
• 如果老师最后没有总结一节课的重点的难点，你 是否会认为老师的教学方法需要改进？
• 你所经历的课堂，是讲座式还是讨论式？ • 教师的教鞭
• “不怕太阳晒，也不怕那风雨狂，只怕先生骂我 笨，没有学问无颜见爹娘 ……”
• “太阳当空照，花儿对我笑，小鸟说早早早……”
Chapter 1: The Role of Financial Management
ANSWERS TO QUESTIONS
49
7. Funds Analysis, Cash-flow Analysis, and Financial Planning*
61
8. Overview of Working-capital Management
82
9. Cash and Marketable Securities Management
2020/12/12
3
1
© Pearson Education Limited 2008
The Role of Financial Management
Increasing shareholder value over time is the bottom line of every move we make.
Van Horne and Wachowicz, Fundamentals of Financial Management, 13th edition, IHale Waihona Puke Baidustructor’s Manual
Contents
Chapters
Pages
1. The Role of Financial Management
chapters have been written so that this can be done without any problem.
本课程涉及的章节
Chapter 1 Chapter 3 Chapter 4 Chapter 5 Chapter 6 Chapter 15 Chapter 16
225
23. Mergers and Other Forms of Corporate Restructuring
234
24. International Financial Management
251
*Note: Some instructors prefer to cover Chapters 6 and 7 before going into Chapters 3-5. These
9
2. The Business, Tax, and Financial Environments
12
3. The Time Value of Money*
19
4. The Valuation of Long-term Securities*
32
5. Risk and Return*
41
6. Financial Statement Analysis*
144
16. Operating and Financial Leverage (may be omitted in an abbreviated course)
157
17. Capital Structure Determination
174
18. Dividend Policy
184
19. The Capital Market
195
20. Long-term Debt, Preferred Stock, and Common Stock
201
21. Term Loans and Leases (may be omitted in an abbreviated course)
213
22. Convertibles, Exchangeables, and Warrants
88
10. Accounts Receivable and Inventory Management
93
11. Short-term Financing
105
12. Capital Budgeting and Estimating Cash Flows
112
13. Capital Budgeting Techniques
Chapter 17
THE ROLE OF FINANCIAL MANAGEMENT THE TIME VALUE OF MONEY* THE VALUATION OF LONG-TERM SECURITIES* RISK AND RETURN* FINANCIAL STATEMENT ANALYSIS* REQUIRED RETURNS AND THE COST OF CAPITAL OPERATING AND FINANCIAL LEVERAGE CAPITAL STRUCTURE DETERMINATION