Principles of Managerial Finance is a comprehensive textbook written by Lawrence J. Gitman and Chad J. Zutter. The 14th edition of this book provides an extensive overview of finance principles, techniques, and practices that are crucial for making effective managerial decisions.
Contents
The book is divided into three main sections: Financial Analysis and Planning, Investment in Long-Term Assets, and Financing the Corporation. Each section is further divided into chapters that cover specific topics related to finance.
The first section of the book covers financial analysis and planning, including topics such as financial statements, financial ratio analysis, time value of money, and cash flow analysis. The second section delves into investment in long-term assets, such as capital budgeting, risk analysis, and valuation of stocks and bonds. Finally, the third section covers financing the corporation, including capital structure, dividend policy, and long-term financing.
The book also includes real-world examples, case studies, and hands-on exercises that allow readers to apply the concepts learned to practical situations.
Who should read this book?
Principles of Managerial Finance is an excellent resource for students pursuing degrees in finance, accounting, or business administration. The book provides a thorough introduction to financial principles and techniques that are relevant to the modern business environment. Additionally, the book is useful for professionals in the field of finance, as it provides a comprehensive overview of best practices and techniques for financial decision-making. The book is also relevant for managers and executives in non-financial industries, as it provides a solid foundation in financial analysis and planning.
Why it is recommended?
Principles of Managerial Finance is a highly recommended textbook for students and professionals in the field of finance. The book provides a comprehensive overview of financial principles, techniques, and practices that are relevant to modern businesses. The book is written in a clear and concise manner, making it accessible to readers with varying levels of finance knowledge. The authors use real-world examples and case studies to illustrate the concepts discussed, making the content engaging and relevant.
In addition, the book includes a range of tools and resources, including chapter summaries, key terms, and review questions, making it easy for readers to review and apply the concepts learned. The book also includes access to online resources such as quizzes, video tutorials, and additional case studies.
Overall, Principles of Managerial Finance is an excellent resource for anyone looking to gain a solid understanding of financial principles and techniques. The book is highly recommended for students, professionals, and managers in finance-related fields.
