Fundamentals of Financial Management

With the same contemporary approach and dynamic examples that made previous editions so popular, this fully revised Fourteenth Edition of FUNDAMENTALS OF FINANCIAL MANAGEMENT continues to provide students with a focused understanding of today's corporate finance and financial management. This market-leading text offers a unique balance of clear concepts, contemporary theory, and practical applications in order to help students understand the concepts and reasons behind corporate budgeting, financing, working capital decision making, forecasting, valuation, and Time Value of Money (TVM). Offering the most cutting-edge coverage available, the Fourteenth Edition includes discussions of the federal debt, the ongoing recovery of financial markets, and the European debt crisis. Numerous practical examples, "Quick Questions", Blueprint Problems, problem-solving tutorials, and Integrated Cases demonstrate theory in action. A comprehensive support package--prepared by the text authors--connects closely with the book to reduce preparation time and reinforce students understanding.