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Full Description
Topics in small business practice appear in each chapter to facilitate learning and discussion of small business applications. Personal finance coverage integrated throughout text.
Contents
The Financial Environment.PART 1: INSTITUTIONS AND MARKETS.Money and the Monetary System.Banks and Other Financial Institutions.Federal Reserve System.Policy Makers and the Money Supply.International Trade and Finance.PART 2: INVESTMENTS.Savings and Investment Process.Structure of Interest Rates.Bonds and Stocks: Characteristics and Valuations.Securities Markets.Financial Return and Risk Concepts.PART 3: FINANCIAL MANAGEMENT.Business Organization and Financial Data.Financial Analysis and Long-Term Financial Planning.Managing Working Capital.Short-Term Business Financing.Capital Budgeting Analysis.Capital Structure and the Cost of Capital.Appendix.Glossary. Index.