Book Description
Principles of Finance is targeted at the core finance course for undergraduate business majors. The book is designed for conceptual accessibility to students who are relatively early in their business curriculum, yet it is also suitable for more advanced students. Due to the wide range of audiences and course approaches, the book is designed to be as flexible as possible. Its modular structure allows the introduction and review of content from prerequisite subjects in financial accounting, statistics, and economics, depending on student preparation. It provides a solid grounding in the core concepts of financial theory so that business students interested in a major or minor in finance will also be prepared for more rigorous upper-level courses. Concepts are further reinforced through applicable connections and practical calculation techniques for more detailed and realistic company scenarios from various industries.
Designed to meet the scope and sequence of your course, Principles of Finance provides a strong foundation in financial applications using an innovative use-case approach to explore their role in business decision-making. An array of financial calculator and downloadable Microsoft Excel data exercises also engage students in experiential learning throughout. With flexible integration of technical instruction and data, this title prepares students for current practice and continual evolution.
This open book is licensed under a Creative Commons License (CC BY). You can download Principles of Finance ebook for free in PDF format (60.7 MB).
Table of Contents
Chapter 1
Introduction to Finance
Chapter 2
Corporate Structure and Governance
Chapter 3
Economic Foundations: Money and Rates
Chapter 4
Accrual Accounting Process
Chapter 5
Financial Statements
Chapter 6
Measures of Financial Health
Chapter 7
Time Value of Money I: Single Payment Value
Chapter 8
Time Value of Money II: Equal Multiple Payments
Chapter 9
Time Value of Money III: Unequal Multiple Payments Values
Chapter 10
Bonds and Bond Valuation
Chapter 11
Stocks and Stock Valuation
Chapter 12
Historical Performance of US Markets
Chapter 13
Statistical Analysis in Finance
Chapter 14
Regression Analysis in Finance
Chapter 15
How to Think about Investing
Chapter 16
How Companies Think about Investing
Chapter 17
How Firms Raise Capital
Chapter 18
Financial Forecasting
Chapter 19
The Importance of Trade Credit and Working Capital in Planning
Chapter 20
Risk management and the Financial Manager