로스의 재무관리 솔루션입니다. 영문판 입니다.

로스의 재무관리 솔루션입니다. 영문판 입니다. Ross_'s_FM_Solution.zip 목차 CHAPTER 1 INTRODUCTION TO CORPORATE FINANCE CHAPTER 2 FINANCIAL STATEMENTS, TAXES AND CASH FLOW CHAPTER 3 WORKING WITH FINANCIAL STATEMENTS CHAPTER 4 LONG-TERM FINANCIAL PLANNING AND GROWTH CHAPTER 5 INTRODUCTION TO VALUATION: THE TIME VALUE OF MONEY CHAPTER 6 DISCOUNTED CASH FLOW VALUATION CHAPTER 7 INTEREST RATES AND BOND VALUATION CHAPTER 8 STOCK VALUATION CHAPTER 9 NET PRESENT VALUE AND OTHER INVESTMENT CRITERIA CHAPTER 10 MAKING CAPITAL INVESTMENT DECISIONS CHAPTER 11 PROJECT ANALYSIS AND EVALUATION CHAPTER 12 SOME LESSONS FROM CAPITAL MARKET HISTORY CHAPTER 13 RISK, RETURN, AND THE SECURITY MARKET LINE CHAPTER 14 OPTIONS AND CORPORATE FINANCE CHAPTER 15 COST OF CAPITAL CHAPTER 16 RAISING CAPITAL CHAPTER 17 FINANCIAL LEVERAGE AND CAPITAL STRUCTURE POLICY CHAPTER 18 DIVIDENDS AND DIVIDEND POLICY CHAPTER 19 SHORT-TERM FINANCE AND PLANNING CHAPTER 20 CASH AND LIQUIDITY MANAGEMENT CHAPTER 21 CREDIT AND INVENTORY MANAGEMENT CHAPTER 22 INTERNATIONAL CORPORATE FINANCE CHAPTER 23 RISK MANAGEMENT: AN INTRODUCTION TO FINANCIAL ENGINEERING CHAPTER 24 OPTION VALUATION CHAPTER 25 MERGERS AND ACQUISITIONS CHAPTER 26 LEASING 본문 Answers to Concepts Review and Critical Thinking Questions 1. Capital budgeting (deciding whether to expand a manufacturing plant), capital structure (deciding whether to issue new equity and use the proceeds to retire outstanding debt), and working capital management (modifying the firm’s credit collection policy with its customers). 2. Disadvantages: unlimited liability, limited life, difficulty in transferring ownership, hard to raise capital funds. Some advantages: simpler, less regulation, the owners are also the managers, sometimes personal tax rates are better than corporate tax rates. 3. The primary disadvantage of the corporate form is the double taxation to shareholders of distributed earnings and dividends. Some advantages include: limited liability, ease of transferability, ability to raise capital, unlimited life, and so forth. 4. The treasurer’s office and the controller’s office are the two primary organizational groups that report directly to the chief financial officer. The controller’s office handles cost and financial accounting, tax management, and management information systems, while the treasurer’s office is responsible for cash and credit management, capital budgeting, and financial planning. Therefore, the study of corporate finance is concentrated within the treasury group’s functions. 5. To maximize the current market value (share price) of the equity of the firm (whether it’s publicly-traded or not). 6. In the corporate form of ownership, the shareholders are the owners of the firm. The shareholders elect the directors of the corporation, who in turn appoint the firm’s management. This separation of ownership from control in the corporate form of organization is what causes agency problems to exist. Management may act in its own or someone else’s best interests, rather than those of the shareholders. If such events occur, they may contradict the goal of maximizing the share price of the equity of the firm. 하고 싶은 말 로스의 재무관리 솔루션입니다. 영문판으로 작성되어 있고 복습문제와 연습문제 모든 번호의 해설이 있습니다. 문제풀이도 한단계씩 자세하게 설명 되어있습니다. 문제는 영문판과 한글판 모두 같습니다.