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Goals and Problems
The Environment of Financial Decision Making
59 other sections not shown
15 percent accounts receivable after-tax amount analysis analyzing annual assume average balance sheet bank beta coefficient borrowing calculated Chapter common stock convertible securities corporate decisions depreciation discount rate discussed dividend dollars EBIT Equation estimate evaluating example expenses Figure financial leverage Financial Management financial markets financial plan financing requirements firm firm's flotation costs funds future income statement increase inflation interest rate internal rate inventory investment opportunities investors issue Journal of Finance lease lenders liabilities loan long-term debt maturity measure ment million operating cash flow operating leverage outlay payments period portfolio preferred stock present value pro-forma Product 99 profit after taxes purchase rate of return ratio required rate retained earnings return targets risk premium risky securities sell shareholders short-term sold stock price Table tax rate tax shield techniques U.S. government variable WARR weighted-average required return yield to maturity