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Foundations of Finance: The Logic and Practice of Finance Management (5th Edition) (Prentice Hall Finance Series) | 
 enlarge | Authors: Arthur J. Keown, J. William Petty, John D. Martin, David F. Scott
Publisher: Prentice Hall
Category: Book
List Price: $137.33
Buy Used: $6.47
You Save: $130.86 (95%)
New (14) Used (96) from $6.47
Rating:  1 reviews
Sales Rank: 350735
Media: Hardcover
Edition: 5
Number Of Items: 1
Pages: 624
Shipping Weight (lbs): 3.3
Dimensions (in): 11 x 8.7 x 1.2
ISBN: 0131856057
Dewey Decimal Number: 658.15
EAN: 9780131856059
Publication Date: June 23, 2005
Availability: Usually ships in 1-2 business days
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Product Description
KEY BENEFIT: Keown allows readers to see the big picture by letting them understand the logic that drives finance rather than memorizing formulas. Very user friendly, the basic pedagogical approach to the presentation of new tools and techniques is “say it” then “illustrate it with an example” and reinforce with lots of “real world examples”. As well as including strong international coverage some key topics are: Financial Markets and Interest Rates; Understanding Financial Statements and Cash Flows; Time Value of Money; Risk and Return; Bond and Stock Valuation; Capital-Budgeting Techniques and Practice; Cash Flows and Other Topics in Capital Budgeting; and Current Asset Management. For an enduring understanding of the basic tools and fundamental principles upon which finance is based.
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| Customer Reviews:
nice use of Web Works to attract readers' mindshare March 4, 2008
1 out of 2 found this review helpful
Assuming no prior knowledge of finance, the text affords you an extensive education in the subject. The authors span a wide gamut of ideas. As in discussing the time value of money. Nowadays, this involves extensive simulations via spreadsheets, and the book shows using Excel how you can gainfully tweak parameters to see differing results. The ready availability of spreadsheets and calculators is put to good use throughout the book. Burdensome calculations are delegated to those devices, leaving you to deal with the higher level issues.
There is a huge number of exercises in each chapter. Clearly aimed at the undergrad environment. There is also a "Web Works" section ending the chapters. Here, the authors refer you to numerous websites germane to the chapter. The book avoids a reference section in each chapter, where this would give a list of texts or journal papers. Instead, the Web Works takes its place. A good call. Today's readers are far more likely to actually utilise it and peruse the links. Simply because it is a lot easier to type in those URLs (yes, even manually type them into a browser) than it is to go to a library and hunt down a bunch of texts.
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