Publisher's Synopsis
This revised sixth edition of "Principles of Management Finance" introduces students to current issues in the financial world, such as ethics, the savings and loan crisis, why corporations are striving to go private, corporate expansion and the implications of Europe 1992. It also offers new coverage of the current corporate tax rate, wealth maximization, tax loss carrybacks and carryforwards. PIK preferreds, and materials requirement planning (MRP) and just-in-time (JIT) models. The text draws upon real-life examples and regular questions to add a practical dimension to the theoretical and technical material.;The book aims to equip students of finance with the skills required to make the increasingly complex decisions that finance and corporate managers have to make today.