Principles of Managerial Finance

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11 PART 1 INTRODUCTION TO MANAGERIAL FINANCE CHAPTERS IN THIS PART 1 The Role and Environment of Managerial Finance 2 Financial ...

LEARNING GOALS 2 THE ROLE AND ENVIRONMENT OF MANAGERIAL FINANCE CHAPTER Across the Disciplines WHY THIS CHAPTER MATTERS TO YOU A ...

3 S ometimes it seems that there’s a Starbucks on every corner—and now in supermar- kets and hospitals, too. The company that re ...

4 PART 1 Introduction to Managerial Finance finance The art and science of managing money. financial services The part of financ ...

CHAPTER 1 The Role and Environment of Managerial Finance 5 sole proprietorship A business owned by one person and operated for h ...

6 PART 1 Introduction to Managerial Finance stockholders The owners of a corporation, whose ownership, or equity,is evidenced by ...

CHAPTER 1 The Role and Environment of Managerial Finance 7 president or chief executive officer (CEO) Corporate official respons ...

8 PART 1 Introduction to Managerial Finance TABLE 1.2 Other Limited Liability Organizations Organization Description Limited par ...

CHAPTER 1 The Role and Environment of Managerial Finance 9 TABLE 1.3 Career Opportunities in Managerial Finance Position Descrip ...

10 PART 1 Introduction to Managerial Finance marginal analysis Economic principle that states that financial decisions should be ...

CHAPTER 1 The Role and Environment of Managerial Finance 11 accrual basis In preparation of financial statements, recognizes rev ...

12 PART 1 Introduction to Managerial Finance Hint The primary emphasis of accounting is on accrual methods; the primary emphasis ...

CHAPTER 1 The Role and Environment of Managerial Finance 13 earnings per share (EPS) The amount earned during the period on beha ...

14 PART 1 Introduction to Managerial Finance Another criticism of profit maximization is the potential for profit manipulation ...

CHAPTER 1 The Role and Environment of Managerial Finance 15 Hint This is one of the most important concepts in the book. Investo ...

16 PART 1 Introduction to Managerial Finance For a good summary of economic value added (EVA®), see Shaun Tully, “The Real Key ...

CHAPTER 1 The Role and Environment of Managerial Finance 17 stakeholders Groups such as employees, customers, suppliers, credito ...

18 PART 1 Introduction to Managerial Finance In Practice Hewlett-Packard(H-P) was founded in 1939 by Bill Hewlett and Dave Packa ...

CHAPTER 1 The Role and Environment of Managerial Finance 19 agency problem The likelihood that managers may place personal goals ...