Principles of Managerial Finance, Global Edition, 16th edition

Published by Pearson (July 29, 2024) © 2024

  • Chad J. Zutter University of Pittsburgh
  • Scott B. Smart Indiana University
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Title overview

This print textbook is available for students to rent for their classes. The Pearson print rental program provides students with affordable access to learning materials, so they come to class ready to succeed.

For introductory courses in managerial finance.

Using financial concepts to solve real-world problems with a proven teaching and learning framework
The Teaching and Learning System — a hallmark feature of Principles of Managerial Finance — weaves pedagogy into concepts and practice, giving students a roadmap to follow through the text and supplementary tools. The 16th Edition concentrates on the material students need to know in order to make effective financial decisions in an increasingly competitive business environment. It allows students to make the connections between a firm’s action and its value, as determined in the financial market. With a generous amount of examples, this text is an easily accessible resource for in- and out-of-class learning.

Table of contents

PART I: INTRODUCTION TO MANAGERIAL FINANCE

  1. 1. The Role of Managerial Finance
  2. 2. The Financial Market Environment

PART II: FINANCIAL TOOLS

  1. 3. Financial Statements and Ratio Analysis
  2. 4. Long and Short-term Financial Planning
  3. 5. Time Value of Money

PART III: VALUATION OF SECURITIES

  1. 6. Interest Rates and Bond Valuation
  2. 7. Stock Valuation

PART IV: RISK AND THE REQUIRED RATE OF RETURN

  1. 8. Risk and Return
  2. 9. The Cost of Capital

PART V: LONG-TERM INVESTMENT DECISIONS

  1. 10. Capital Budgeting Techniques
  2. 11. Capital Budgeting Cash Flows
  3. 12. Risk and Refinements in Capital Budgeting

PART VI: LONG-TERM FINANCIAL DECISIONS

  1. 13. Capital Structure
  2. 14. Payout Policy

PART VII: SHORT-TERM FINANCIAL DECISIONS

  1. 15. Working Capital and Current Assets Management
  2. 16. Current Liabilities Management

PART VIII: SPECIAL TOPICS IN MANAGERIAL FINANCE

  1. 17. Hybrid and Derivative Securities
  2. 18. Mergers, LBOs, Divestitures, and Business Failure
  3. 19. International Managerial Finance

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