What people are saying - Write a review
We haven't found any reviews in the usual places.
The Individual Financial Decision
Certainty Measuring the Return
21 other sections not shown
accepted additional after-tax alternative amount analysis annual assume average balance bank bonds borrowing budget cash flows cash inflows Chapter combined common stock Company compared computed corporate cost of capital current assets debt decision depreciation desired determine differential discount dividend dollar earnings economic effect equal Equation equity estimate evaluation example existing expected expenses Figure financing firm firm's fixed funds future given higher important income increase initial interest internal inventory investment investors issue lease less leverage liabilities loan maturity method million obtained operating opportunities outflows outlay payments percent period portfolio positive preferred present value problem produce profitability proposals purchase rate of return ratio receivables reduce required rate result retained risk securities selection sell shareholders shares short-term shown sources strategy stream Table transaction wealth worth