This book appeals to Instructor who prefers a strong review of accounting and early coverage of working capital (or short-term) management before covering Time Value of Money. Instructors in this area also take a problem solving approach to the course with less emphasis on theory. Foundations of Financial Management is committed to making finance accessible to students. This text is designed to build on studentsa knowledge from basic courses in accounting and economics, with some statistics thrown in for good measure. By applying tools learned in these courses, students can develop a conceptual and analytical understanding of financial management.Calculate Hobbit Shoesa#39; average accounts payable balance. b. Calculate its annual sales. 4. Mr. Hugh Warner is a very cautious businessman. His suppliers offer trade credit terms of 3/10, net 80. Mr. Warner never takes the discount offered, anbsp;...
|Title||:||Foundations of Financial Management|
|Author||:||Block, Stanley B, Hirt, Geoffrey A, Short, J. Douglas|
|Publisher||:||McGraw-Hill Ryerson - 2005|