Finance Book

In: Business and Management

Submitted By muktha
Words 16711
Pages 67
Licensed to: iChapters User

Eugene F. Brigham

UNIVERSITY OF FLORIDA

Joel F. Houston

UNIVERSITY OF FLORIDA

Copyright 2011 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part. Due to electronic rights, some third party content may be suppressed from the eBook and/or eChapter(s). Editorial review has deemed that any suppressed content does not materially affect the overall learning experience. Cengage Learning reserves the right to remove additional content at any time if subsequent rights restrictions require it.

Eugene F. Brigham

UNIVERSITY OF FLORIDA

Joel F. Houston

UNIVERSITY OF FLORIDA

Copyright 2011 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part. Due to electronic rights, some third party content may be suppressed from the eBook and/or eChapter(s). Editorial review has deemed that any suppressed content does not materially affect the overall learning experience. Cengage Learning reserves the right to remove additional content at any time if subsequent rights restrictions require it.

Licensed to: iChapters User

This is an electronic version of the print textbook. Due to electronic rights restrictions, some third party content may be suppressed. Editorial review has deemed that any suppressed content does not materially affect the overall learning experience. The publisher reserves the right to remove content from this title at any time if subsequent rights restrictions require it. For valuable information on pricing, previous editions, changes to current editions, and alternate formats, please visit www.cengage.com/highered to search by ISBN#, author, title, or keyword for materials in your areas of interest.

Copyright 2011 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in…...

Similar Documents

Book

...Rashesh Shah did it. Sanjeev Bikhchandani did it. Shantanu Prakash did it. 'Stay Hungry, Stay Foolish' is the story of 25 such IIM Ahmedabad graduates who chose the rough road of entrepreneurship. They are diverse in age, in outlook and the industries they made a mark in. But they have one thing in common: they believed in the power of their dreams. This book seeks to inspire young graduates to look beyond placements and salaries. To believe in their dreams. The Centre for Innovation, Incubation and Entrepreneurship (CIIE) at IIM Ahmedabad aims at fostering innovation-driven entrepreneurship through incubation, research and dissemination of knowledge. Rs.125/- - Rashmi Bansal ISBN 978-81-904530-1-1 CONTENTS - THE BELIEVERS - THE OPPORTUNISTS - THE ALTERNATE VISION THE BELIEVERS People who knew entrepreneurship was the Chosen Path. They took the plunge straight after their MBA or after working barely a couple of years. And they persevered until they made it big! p02 THE BOOK OF JOB Sanjeev Bikhchandani (PGP 1989), naukri.com Sanjeev is India's most successful internet entrepreneur. For close to a decade he struggled on the sidelines but never gave up on his Big Idea. In 2006, naukri.com became the first dotcom to IPO on an Indian stock exchange. p18 ROCK WITH IT, ROLL WITH IT Shantanu Prakash (PGP 1988), Educomp Despite a regular middle class upbringing, Shantanu went into business while doing his BCom. The entrepreneurial streak continued......

Words: 114565 - Pages: 459

Book

...After reading a couple chapters of this book I have came to the conclusion that it shows you a lot of strong points on how Thomas L Friedman thinks about the world. He explains why it all is happening and how the international system is transforming the world affairs. It also shows you all the things that he said in his book that they would come true and some of those things actually did come true. This books helps you understand about how globalization is working and why it is happening. It also shows and tells you how the world reacts to it and what the bad and good thing about globalization. In the first part of the book of the books it explains what the title ‘Lexus’ and ‘’olive tree’’ means. The Lexus stands for half the world emerging from the Cold War and people intent on building a better Lexus, modernizing economies in order to thrive globalization. The olive tree stands for the other half who are still caught up in the fight over who owns which "olive tree." The Lexus stands for the emerging of new things like 300 new Lexus being built everyday and people are moving on from the Cold War. The Olive tree represents our roots, anchors us, and identifies us. The Olive Tree also represents people fighting over who own what. That was the main thing in the beginning because it tells you what the title is all about. After that it goes into more detail about other things about globalization. It asks what a golden straightjacket it the golden straightjacket is an...

Words: 820 - Pages: 4

Books

...A Great Story I read the books A Child Called It, The Lost Boy, and A Man Named Dave. The reason I choose these books is because they are true stories which keeps me interested. From the beginning it had me hooked. I had to keep reading because I wanted to know what was going to happen next. I learned some things about these books but one thing stood out to me the most and that is how the legal system was very different back then than it is now. I believe Dave Pelzer is a very strong individual to be able to survive what he went through and I think it is great that he has become the person he is today. David James (Dave) Pelzer was born December 29th 1960 in San Francisco California. He is an American Author, best known for his 1995 memoir of childhood abuse, “A Child Called It”. Dave is born 3rd out of 5 boys. Dave wrote in his book that as a child, he was continually abused, mistreated, and beaten by his mother, who thought of it as a game. His teachers stepped in and on March 1973 Dave Pelzer was placed in foster care. He joined the Air Force in 1979 and later became an author. The book “A child called it” caused a dispute in his family, one of his brothers said it was not true, however his other brother who is an author wrote a book “A Brother’s Journey” which confirms Dave’s story. Dave has written two books, “A Child called it” and “The Lost Boy”, which is about his life after he was placed in foster care. Dave currently lives in a different state with...

Words: 949 - Pages: 4

Book

...Burroughs In this book there were many characters involved that had different parts. The main was Augusten, a young boy caught in the middle of a family falling apart. His mother Deidre who is a poet, she at times at has psychotic breakdowns. Other characters were Dr.Finch who is Deidre’s therapist which who later becomes augustens legal guardian. Neil Bookman, one of Dr Finches patient and also Augustens first lover who is much older then him. Also there is Natalie; she is one of Dr.Finch’s daughters. She and Augusten become best friends towards the end. Few other people in the book are Fern, Deidre’s first lover, Dorothy, Deidre’s second lover, and Hope the oldest daughter of Dr. Finch. This story takes place in Massachusetts, Augusten goes from living in a wonderful clean big home to living with the therapist in a rundown old Victorian home in Northampton, the house has no order what so ever, its far from being clean, Dr. Finch feels he doesn’t need to tell everyone living with him what they should do, which include his wife and children and a few of this patients. Augusten begins to live with the Finch family have the separation of his mother and father, she believes she well be unable to be good parent. He deals with many different things and learns a lot by leaving at the Finch residence. I’m not really sure how I felt about the book, it was interesting at points but I mainly read it because a friend told me I should and loaned me the book to read. There......

Words: 306 - Pages: 2

Behavioural Finance Book Review

... AUTHOR : MICHAEL M. POMPiaN BOOK REVIEW OF : BOOK REVIEW OF : PREPARED BY :  ASHISH SHARMA PREPARED BY :  ASHISH SHARMA 2014 2014 Behavioral Finance and Wealth Management Author Information “Michael M. Pompian, CFA, CFP, is a partner at Mercer Investment Consulting, a firm serving institutional and private wealth clients. Prior to joining Mercer, he was a wealth management advisor with Merrill Lynch and PNC Private Bank, and served on the investment staff of a family office. Pompian is a Chartered Financial Analyst (CFA), a Certified Financial Planner (CFP), and a Certified Trust Financial Advisor (CTFA). He is also a member of the CFA Institute (formerly AIMR) and the New York Society of Security Analysts (NYSSA). He holds a BS in management from the University of New Hampshire and an MBA in finance from Tulane University. Pompian is a regular speaker on the subject of behavioral finance and has published several articles on the subject. He is married with three sons and can be reached at michael.pompian@mercer.com. “ Michael M. Pompian describes various biases which we can see in human beings , also tells about various experiments on human beings in his book “ BEHAVIOURAL FINANCE AND WEALTH MANAGEMENT “ and tells “HOW TO BUILD OPTIMAL PORTFOLIOS THAT ACCOUNTS FOR INVESTOR BIASES “ The book is published by John wiley and sons, inc. ,Hoboken , New jersey. Published simultaneously in Canada. The book was published in the year 2006 . ...

Words: 4842 - Pages: 20

Book

...of financial and non-financial factors offered by a business in relation to those provided by rival employers. A less favourable package being offered to employees may mean less supply of human resources to the firm. * The cost of living in a particular area. Although more people tend to live in cities, the higher cost of housing and other expenses may deter others from locating in these areas, thereby reducing the potential supply of labour to a business. * The cost and availability of transportation. Businesses located in areas with good transportation systems will tend to attract a larger supply of workers. Those living or working in remote areas may need to rely on private transport which could be costly, both in terms of finance and time. This could therefore reduce the potential supply of human resources to businesses located in rural areas. * The rate of unemployment in the local area. The higher the rate of regional unemployment, the higher the available supply of human resources will be. This will allow a business to hire workers at a relatively low wage rate. At times, there may be surplus human resources. During off-peak seasons, for example, many temporary or part-time workers are not required. This increases the available labour supply. If there is an excess supply of workers, then businesses have two choices – to make some of the workers redundant (their services are no longer required so their job disappears) or to redeploy (relocate)......

Words: 18984 - Pages: 76

Book

...creditors. (3) If the firm earns more on investments financed with borrowed funds than it pays in interest, the return on the owners’ capital is magnified, or “leveraged.” 12. Firms with relatively high debt ratios have higher expected returns when the economy is normal, but they are exposed to risk of loss when the economy goes into a recession. 13. Firms with low debt ratios are less risky, but also forgo the opportunity to leverage up their return on equity. 14. Decisions about the use of debt require firms to balance higher expected returns against increased risk. 8. Analysts use two procedures to examine the firm’s debt: (1) They check the balance sheet to determine the extent to which borrowed funds have been used to finance assets, and (2) they review the income statement to see the extent to which fixed charges are covered by operating profits. 9. The debt ratio, or ratio of total debt to total assets, measures the percentage of funds provided by creditors. Total debt includes both current liabilities and long-term debt. 15. The lower the ratio, the greater the protection afforded creditors in the event of liquidation. 16. Stockholders, on the other hand, may want more leverage because it magnifies expected earnings. 17. A debt ratio that exceeds the industry average raises a red flag and may make it costly for a firm to borrow additional funds without first raising more equity capital. 10. The......

Words: 7712 - Pages: 31

Book

...McGraw-Hill Companies, Inc., including, but not limited to, in any network or other electronic storage or transmission, or broadcast for distance learning. Some ancillaries, including electronic and print components, may not be available to customers outside the United States. This book is printed on acid-free paper. 1 2 3 4 5 6 7 8 9 0 DOW/DOW 1 0 9 8 7 6 5 4 3 ISBN MHID 978-0-07-802552-5 0-07-802552-4 Senior Vice President, Products & Markets: Kurt L. Strand Vice President, Content Production & Technology Services: Kimberly Meriwether David Director: Tim Vertovec Brand Manager: Donna M. Dillon Executive Director of Development: Ann Torbert Development Editor II: Katie Jones Director of Digital Content: Patricia Plumb Digital Development Editor: Julie Hankins Senior Marketing Manager: Kathleen Klehr Senior Project Manager: Diane L. Nowaczyk Content Project Manager: Rachel Townsend Buyer II: Debra R. Sylvester Senior Designer: Matt Diamond Cover Designer: Kay Lieberherr Cover Image: SuperStock Lead Content Licensing Specialist: Keri Johnson Media Project Manager: Ron Nelms Typeface: 10.5/12 Times New Roman Compositor: MPS Limited Printer: R. R. Donnelley All credits appearing on page or at the end of the book are considered to be an extension of the copyright page. Library of Congress Cataloging-in-Publication Data Lanen, William N. Fundamentals of cost accounting / William N. Lanen, University of Michigan, Shannon W. Anderson, University of California at Davis, Michael......

Words: 233973 - Pages: 936

Book

...they are interested it is usually related to cricket. "For example, Castrol withdrew its support to the Indian Hockey Federation," he said. Watch the Full Class Without Chapter Breaks Accounting & Finance - Full Class Video 1:23:18 Accounting & Finance for Event Companies Overview 3:31 Accounting Basics (Chart of Accounts; Cash vs. Accrual & More) 10:24 Profit & Loss Statements 9:17 Balance Sheets 13:29 Accounts Payable & Accounts Receivable 6:09 Managing Accounts Payable & Accounts Receivable 8:25 Cash Flow Reports 5:57 Advance Planning Tips 9:01 Sources of Financing 6:10 Budgeting & Cost Management 8:04 Bookkeepers vs. Accountants 5:08 Downloads (documents referenced in this class) Sample Financial Reports (Bal. Sheet, P&L, Cash Flow, A/R, A/P, Chart of Accounts) 1 Page PDF of Slides from this Class Overview This class counts for 1.50 CMP Continuing Education credits. Most people in the event industry turn their finances and books over to someone else, whether it's a bookkeeper, accountant or adviser. Yet without being able to read, understand and interpret your company's financial statements, that's like driving a car without knowing how to read the instruments on your dashboard. In this class we'll review all the components that go into your company's books, including a detailed walk-through of the key financial statements every business should be using to measure their fiscal health. Filmed on location at Sentry Centers Midtown East. Learning......

Words: 781 - Pages: 4

Chapter 1 Finance Book

...finance TEST BANK Chapter 1 Introduction 1. Which of the following is the primary objective of a firm? A. employees' benefits B. satisfaction of customers C. satisfaction of suppliers D. prompt payment to creditors * E. maximize stockholder wealth 2. Financial risk involves ___. A. fluctuation in exchange rates B. different interest and inflation rates C. balance of payments position D. A and B * E. A, B, and C 3. Three sweeping changes include ___. A. the end of Cold War B. industrialization and growth of the developing world C. the creation of the North American Trade Agreement D. increased globalization * E. A, B, and D 4. Managers are generally defined as ___. A. stockholders * B. agents C. creditors D. suppliers E. customers 5. Which of the following is not one of seven principles of global finance? A. market imperfection B. risk-return tradeoff C. portfolio effect D. comparative advantage * E. company advantage 6. Incentives for multinational company managers include the following except ___. A. stock options B. bonuses C. perquisites D. salary increases * E. vacation 7. Environmental factors affecting international operations are as follows except ___. A. foreign customs B. foreign economic factors C. foreign political situations D. foreign legal aspect * E. international distance 8. Three major risks in international business are ___. A. political, financial and......

Words: 26027 - Pages: 105

Book

...for damages. The author has asserted her right to be identified as the author of this work in accordance with the Copyright, Designs and Patents Act 1988. First edition 1999 Second edition 2003 Published by PALGRAVE MACMILLAN Houndmills, Basingstoke, Hampshire RG21 6XS and 175 Fifth Avenue, New York, N.Y. 10010 Companies and representatives throughout the world PALGRAVE MACMILLAN is the global academic imprint of the Palgrave Macmillan division of St. Martin’s Press, LLC and of Palgrave Macmillan Ltd. Macmillan® is a registered trademark in the United States, United Kingdom and other countries. Palgrave is a registered trademark in the European Union and other countries. ISBN 1-4039-1135-5 A catalogue record for this book is available from the British Library. This book is printed on paper suitable for recycling and made from fully managed and sustained forest sources. 10 9 12 11 8 7 10 09 6 08 5 07 4 06 3 2 1 05 04 03 Acknowledgements The author would like to thank the following: TMP Worldwide Research, 32 Aybrook Street, London W1M 3JL (tel. 0171 872 1500), for permission to reproduce their data on ‘soft skills’ and employment. Lynn Chiswick, for her full encouragement and support for Skills for Success when all I had to show her were a few pencil-and-paper sketches and a lot of enthusiasm. Robert Simpson, Pam Dixon and David Gosling for helpful comments on the first edition of the Handbook. The many lecturers at UEL who used Skills for Success and the other materials......

Words: 19814 - Pages: 80

Book

...of electricity. It is these basic principles of game design that we cover in this book—design distilled down to its basic essence. Not surprisingly, many of today’s greatest game designers got their start playing and designing non-digital games, and some still use paper prototyping in their present-day designs. When thinking of game design, think in terms of the board game Go, a Chinese game thousands of years old (see Figure 1.2). It requires no computer programming or polygon models to play. Yet its rules, simple as they are, allow for a depth of strategy so great that it is still played heavily today. While many of the games enjoyed today may not be as popular as Go a thousand years from now, there is no reason why such a game could not be created. FIGURE 1.2 Go board. Image from the Wikipedia Commons Chapter 1 The Basics T YPES OF 5 D ESIGN Just as there are many types of games, there are many types of game design, too. World design is the creation of the overall backstory, setting, and theme of the game. While it’s generally performed by the lead or sole designer, it often determines the scope of the other design tasks listed below. System design is the creation of rules and underlying mathematical patterns in a game. This is the only game design task that is common to all games, because all games have rules. Therefore, most of the challenges in this book involve system design. In particular, Chapters 2, 5, 6, 7 and 8 give a......

Words: 111961 - Pages: 448

Books

...person who reads has had a chance to do each of them, and lots more, because when you read a book, you don’t just read it, you live it, you imagine yourself as the character of the book, you see yourself dealing with every situation that the character deals with and THAT EXACTLY is the magic of reading. Kristin Martz once said, “We lose ourselves in books. We find ourselves there too.” Now, the first question that might pop into your head is, “Why should I lose myself in a book when I can easily lose myself in my phone or computer?” The answer is that you might be able to lose yourself in your gadget but you won’t find yourself there. Books can make you imagine so much more, they can enhance your vocabulary, develop your personality and most important they can make you gizmos. Books think out of the little box which you are confined to because of your gadgets and will not only help you with your linguistic abilities but also with your communication skills. Conversations will always be interesting if you can talk well and that can only happen if you are well read. Books have a way to speak to you, in ways no one and nothing else can. They are the best remedy to boredom, to escape reality, to live a life which will be way more than interesting than your own. So, today, on the occasion of the world book day, I want to take the opportunity to urge all of you to just simply read. Go grab a book and lose yourself to it and I can vouch for it that exactly where you lost yourself,......

Words: 435 - Pages: 2

Book

...for up to 4 years, but also paid research training at NIH during the summer, and paid employment and training at NIH after graduation. For more details, visit www.training.nih.gov/programs/ugsp Copyright © 2016 All Rights Reserved.  This ebook is the personal copy of Corketa Martin (CorkeLou@aol.com) #37 – Blacks at Microsoft (BAM) Scholarships: Blacks at Microsoft (BAM) Scholarships are offered to outstanding black high-school seniors who are interested in pursuing careers in technology. Highschool seniors of African descent may apply (for example, African American, Caribbean, African, etc). Applicants must plan to pursue a bachelor's degree in engineering, computer science, computer information systems, or a business program such as finance, business administration, or marketing. For more details, visit www.microsoft.com/enus/diversity/programs/blacks-scholarships.aspx #38 – O Wines "Opportunity For Success" Scholarship For Low Income Women: The O Wines Opportunity For Success Scholarship, funded through the College Success Foundation, is open to lowincome women from any of the 50 states or the District of Columbia. Candidates must be high school seniors who are planning to pursue a four-year undergraduate degree. Students must have a minimum high school grade point average of 3.20 or above through fall quarter/semester in order to apply. For more details, visit Copyright © 2016 All Rights Reserved.  This ebook is the personal copy of Corketa Martin......

Words: 11022 - Pages: 45

Books

...Dream Dare Win www.jeywin.com Annual Report 2007-08 Ministry of Finance Government of India Dream Dare Win 1 www.jeywin.com Dream Dare Win www.jeywin.com FOR PUBLIC CONTACT PURPOSE: Ministry of Finance Department of Economic Affairs North Block, New Delhi - 110 001 Phones: 23095120, 23092453 Website: http://www.finmin.nic.in/the_ministry/dept_eco_affairs/index.html Department of Expenditure North Block New Delhi - 110 001 Phones: 23095661, 23095613 Website: http://www.finmin.nic.in/the_ministry/dept_expenditure/index.html Department of Revenue North Block New Delhi - 110 001 Phones: 23095384, 23095385 Website: http://www.finmin.nic.in/the_ministry/dept_revenue/index.html Department of Disinvestment Block 11 & 14, CGO Complex Lodhi Road, New Delhi -110 003 Phones: 24368528, 24368523, 24368044 Website: http://www.divest.nic.in Department of Financial Services Jeevan Deep Building, Parliament Street, New Delhi 110 001 Phones: 23748721, 23748734 Website: http://www.finmin.nic.in Dream Dare Win 2 www.jeywin.com Dream Dare Win www.jeywin.com Contents Paragraph No. INTRODUCTION Page No. 1 CHAPTER - I Department of Economic Affairs 9 Economic Division 1 11 Budget Division 2 12 Capital Markets Division 3 15 Infrastructure Division 4 19 Fund Bank Division (including UN Branch) 5 23 Foreign Trade Division 6 26 Aid Accounts & Audit......

Words: 132399 - Pages: 530