Business Finance: Theory and practice /
Eddie McLaney
- 11th ed.
- Harlow, England : Pearson, 2017.
- xvi, 527 pages : illustrations ; 27 cm.
Preface -- Plan of the book -- Publisher's acknowledgements -- The business finance environment -- Introduction -- A framework for financial decision making -- Financial (accounting) statements and their interpretation -- Investment decisions -- Investment appraisal methods -- Practical aspects of investment appraisal -- Risk in investment appraisal -- Portfolio theory and its relevance to real investment decisions -- Financing decisions -- Sources of long-term finance -- The secondary capital market (the stock exchange) and its efficiency -- Cost of capital estimations and the discount rate -- Gearing, the cost of capital and shareholders' wealth -- The dividend decision -- Integrated decisions -- Management of working capital -- Corporate restructuring (including takeovers and divestments) -- International aspects of business finance -- Small businesses -- Appendix 1: Present value table -- Appendix 2: Annuity table -- Appendix 3: Suggested answers to review questions -- Appendix 4: Suggested answers to selected problems -- Glossary -- References -- Index.
"Successfully blending the theoretical, analytical and practical aspects of finance and investments, the 11th edition of Business Finance is an essential introduction for any student studying accounting and finance. With a strong real world focus, this text bridges the gap between the theories surrounding financial decision making and what happens in the real business world in an accessible, user-friendly way."--