Preview

Corporate Financial Management Lecturer's Guide

Powerful Essays
Open Document
Open Document
27303 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Corporate Financial Management Lecturer's Guide
CFML_A01v3.QXD

8/6/08

3:51 PM

Page 1

Lecturer’s Guide
Corporate Financial
Management
Fourth edition

Glen Arnold
For further lecturer material please visit: www.pearsoned.co.uk/arnold ISBN 978-0-273-71064-6

© Pearson Education Limited 2008
Lecturers adopting the main text are permitted to download and copy this guide as required.

CFML_A01v3.QXD

8/6/08

3:51 PM

Page 2

Pearson Education Limited
Edinburgh Gate
Harlow
Essex CM20 2JE
England
and Associated Companies around the world
Visit us on the World Wide Web at: www.pearsoned.co.uk –––––––––––––––––––––––––––––––––––
First published under the Financial Times
Pitman Publishing imprint in 1998
Second edition published 2002
Third edition published 2005
Fourth edition published 2008
© Financial Times Professional Limited 1998
© Pearson Education Limited 2002, 2005, 2008
The right of Glen Arnold to be identified as author of this Work has been asserted by him in accordance with the Copyright, Designs and Patents Act 1988.
ISBN-978-0-273-71064-6
All rights reserved. Permission is hereby given for the material in this publication to be reproduced for OHP transparencies and student handouts, without express permission of the
Publishers, for educational purposes only. In all other cases, no part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise without either the prior written permission of the Publishers or a licence permitting restricted copying in the United Kingdom issued by the
Copyright Licensing Agency Ltd., Saffron House, 6-10 Kirby Street, London EC1N 8TS. This book may not be lent, resold, hired out or otherwise disposed of by way of trade in any form of binding or cover other than that in which it is published, without the prior consent of the
Publishers.

CFML_A01v3.QXD

8/5/08

4:16 PM

Page 3

CONTENTS

You May Also Find These Documents Helpful

  • Good Essays

    Finance final study guide

    • 2213 Words
    • 8 Pages

    -Martin Industries just paid an annual dividend of $1.30 a share. The market price of the stock is $36.80 and the growth rate is 6.0 percent. What is the firm's cost of equity?…

    • 2213 Words
    • 8 Pages
    Good Essays
  • Powerful Essays

    reproduced, stored in a retrieval system, or transmitted, in any form or by any means, electronic, mechanical,…

    • 13941 Words
    • 174 Pages
    Powerful Essays
  • Powerful Essays

    the greater, to be reproduced and/or communicated by any educational purposes provided that the educational…

    • 102924 Words
    • 546 Pages
    Powerful Essays
  • Satisfactory Essays

    Finance Study Guide

    • 487 Words
    • 2 Pages

    XYZ is considering a project that will require $28,000 in net working capital and $87,000 in fixed assets. The project is expected to produce annual sales of $75,000 with associated costs of $57,000. The project has a 5-year life. The company uses straight-line depreciation to a zero book value over the life of the project. The tax rate is 30 percent. What is the operating cash flow for this project?…

    • 487 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    SOR Syllabus

    • 9196 Words
    • 37 Pages

    electronic or otherwise, in any material form or transmitted to any other person or stored electronically in any form…

    • 9196 Words
    • 37 Pages
    Powerful Essays
  • Powerful Essays

    Time trend analysis gives a picture of changes in the company’s financial situation over time. Comparing a firm to itself over time allows the financial manager to evaluate whether some aspects of the firm’s operations, finances, or investment activities have changed. Peer group analysis involves comparing the financial ratios and operating performance of a particular firm to a set of peer group firms in the same industry or line of business. Comparing a firm to its peers allows the financial manager to evaluate whether some aspects of the firm’s operations, finances, or investment activities are out of line with the norm, thereby providing some guidance on appropriate actions to take to adjust these ratios if appropriate. Both allow an investigation into what is different about a company from a financial perspective, but neither method gives an indication of whether the difference is positive or negative. For example, suppose a company’s current ratio is increasing over time. It could mean that the company had been facing liquidity problems in the past and is rectifying those problems, or it could mean the company has become less efficient in managing its current accounts. Similar arguments could be made for a peer group comparison. A company with a current ratio lower than its peers could be more efficient at managing its current accounts, or it could be facing liquidity problems. Neither analysis method tells us whether a ratio is good or bad, both simply show that something is different, and tells us where to look.…

    • 7703 Words
    • 31 Pages
    Powerful Essays
  • Powerful Essays

    a retrieval system, or transmitted in any form or by any means without prior written…

    • 2427 Words
    • 10 Pages
    Powerful Essays
  • Satisfactory Essays

    Study guide

    • 83156 Words
    • 479 Pages

    copyright law. If you wish to reproduce material acknowledging a rights holder other than the…

    • 83156 Words
    • 479 Pages
    Satisfactory Essays
  • Powerful Essays

    How to Remain Fit

    • 43169 Words
    • 367 Pages

    the author of the material and the right to have their material remain unaltered. No material provided in this…

    • 43169 Words
    • 367 Pages
    Powerful Essays
  • Powerful Essays

    Figgie International

    • 2288 Words
    • 10 Pages

    This case study examined Figgie International’s failure of transformational change. The key issues are the leadership style of the Founder, Harry Figgie and the Successor, Dr. Figgie. The decision of Dr. Figgie to hire management consultants caused eventual downfall of Figgie International. Thousand jobs of employees, millions of dollars invested by shareholders and long-term relationships with customers were lost. The conflict of interest of the management consultants chasing after enormous fees greatly overwhelmed the results of the actual work done carried out by the consultants and employees of Figgie International. Qualification and experience of consultants, specific scopes of work and objectives, cost benefit analysis of consultancy services, control of the transformational change by the organization managers, creation of powerful enough guiding coalition within organization and good communication of vision were among the lessons that could be learnt in this case study.…

    • 2288 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

    Case Study 4

    • 639 Words
    • 3 Pages

    Putting this values in to the Black –Scholes model,we find the options value is :…

    • 639 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Atlanta Home Loan

    • 1755 Words
    • 9 Pages

    reproduced, stored in a retrieval system, or transmitted in any form or by any means without permission.…

    • 1755 Words
    • 9 Pages
    Powerful Essays
  • Satisfactory Essays

    Regulation

    • 520166 Words
    • 2765 Pages

    No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form or by any means, electronic,…

    • 520166 Words
    • 2765 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Caribbean History

    • 9054 Words
    • 37 Pages

    All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or…

    • 9054 Words
    • 37 Pages
    Satisfactory Essays
  • Powerful Essays

    cinderella man

    • 29170 Words
    • 106 Pages

    For a complete list of the titles available in the Penguin Readers series please write to your local…

    • 29170 Words
    • 106 Pages
    Powerful Essays