会计与财务管理.影印版

Part1 Accounting and Financial Analysis1 How Firms Use Accounting s Reporting 8 Small Business Survey: Respomibility for Financial Reporting 9 Decision Support 10 Control 11 Decision Making: Using Financial Reports to Detect Deficiencies 112 Responsible Financial Reporting 11 The Role of Auditors in Ensuring Proper Reporting 12 The Role of the Board of Directors in Ensuring Proper Reporting 13 The Role of the Sarbanes-Oxley Act 13 Decision Making: Ensuring Accurate Financial Reporting 5753 Interpreting Financial Statements 15 Income Statement 16 Balance Sheet 16 Decision Making: Interpreting Financial In3Cbrmation to Make Business Decisions 194 Ratio Analysis 2o Measures of Liquidity 20 Measures of Efficiency 21Measures of Financial Leverage 22 Measures of Profitability 23 Comparison of Ratios with Those of Other Firms 24Global Business: Effect of Exchange Rate Movements on Earnings 26 Limitations of Ratio Analysis 27 Sources of Information for Ratio Analysis 28 Decision Making: Using Ratio Analysis for Business Decisions 28College Health Club: Financial Condition of CHC 28Summary 29Key Terms 30Review & Critical Thinking Questions 30Discussion Questions 31It's Your Decision: Financial Management at CHC 31Investing in a Business 32Case: Using an Accounting System 32Video Case: Reporting Information at Archway 32Internet Applications 33Dell's Secret to Success 33In-Text Study Guide 34Part2 Financing5 Methods of Debt Financing 39 Borrowing from Financial lnstitutions 40 Issuing Bonds 44 Issuing Commercial Paper 45 Impact of the Debt Financing Level on Interest Expenses 46 Common Creditors That Provide Debt Financing 46 Decision Making: Whether to Borrow Funds 476 Methods of Equity Financing Retaining Earnings 47 Issuing Stock 48 Small Business Survey: Financing 52 Comparison of Equity Financing with Debt Financing 52 Decision Making: Deciding Whether to Obtain Equity Funding 537 How Firms Issue Securities Origination 53 Underwriting 53 Distribution 54 Decision Making: Deciding Whether to Issue Stock 548 Other Methods of Obtaining Funds 55 Financing from Suppliers 55 Leasing 56 Small Business Survey: Leasing 56 Decision Making: Deciding Whether to Lease as a Financing Method 579 Deciding the Capital Structure 57Cross Functional Teamwork: Relationship between Pridng and Financing Strategies 58 Revising the Capital Structure 58 How the CapitalStructureAffects the Return on Equity 59 Small Business Survey: Financing Choices of Small Firms 60Global Business: Gtobal Finandng 61Cross Functional Teamwork: Interaction between Financing Decisions and Other Business Decisions 61 Decision Making: Deciding on the Capital Structure 62Remedies for Debt Problems 62 Extension 62 Composition 63 Private Liquidation 63 Formal Remedies 63College Health Club: Financing at CHC 64Summary 65Key Terms 66Review & Critical Thinking Questions 67Discussion Questions 67It's Your Decision: Financing Decisions at CHC 68Investing in a BuSiness 68Case: The IPO Decision 69Video Case: Venture Capita[ Financing 69Internet Applications 70Dell's Secret to Success 70In-Text Study Guide 71Appendix: How Interest Rates Are Determined 74How Interest Rates Change 74Demand fbr Loanable Funds 74Supply of Loanable Funds 74Combining Demand and Supply 74Effect of a Change in the Demand Schedule 75Effect of a Change in the Supply Schedule 76Factors That Can Affect Interest Rates 77Monetary Policy 77Economic Growth 77Expected Inflation 78Savings Behavior 78Summary of Factors That Affect Interest Rates 79Part3 Expanding th Business10 Investment Decisions 82How Interest Rates Affect Investment Decisions 82Capital Budget 83Classification of Capital Expenditures 83Small Business Survey: Allocation of Business Investment 84Decision Making: Business Investment Decisions 8511 Capital Budgeting Tasks 85Cross Functional Teamwork: Cross Functionat Relationships Involved in Business Investment Derisions 86Proposing New Projects 86Estimating Cash Flows of Projects 86Determining Whether Projects Are Feasible 86Implementing Feasible Projects 87Small Business Survey: Time Allowed for Investments to Pay Off 87G|oba| Business: Global Investing 88Monitoring Projects That Were Implemented 88Summary of Capital Budgeting Tasks 88Decision Making: Capital Budgeting Tasks 8912 Mergers and Other Forms of Restructuring ;0 Types of Mergers 90 Corporate Motives fbr Mergers 90Merger Analysis 92Merger Procedures 94 Defense against Takeover Attempts 95 Leveraged Buyouts 96 Divestitures 96 Decision Making: Deciding Whether to Acquire a Business 9713 Short-Term Investment Decisions 97 Liquidity Management 97Accounts Receivable Management 98 Small Business Survey: Investment Decisions by Small Businesses 99 Small Business Survey: Extending Credit 99 Inventory Management 100 Decision Making: Deciding How Much Liquidity Is Needed 101College Health Club: Accounts Receivable Management at CHC 101Summary 102Key Terms 103Review & Critical Thinking Questions 104Discussion Questions 104It's Your Decision: Investment Decisions at CHC 104Investing in a Business lO5Case:Deciding Whether to Acquire a Business 105Video Case: Investing and Financing at Timbuk2 106Internet Applications 106Dell's Secret to Success 106In-Text Study Guide 107Appendix A: Capital Budgeting Analysis 111Background on Present Value 111Estimating the Net Present Value 113Appendix B: Consolidating All Major Strategies in the Business Plan 116Answers to In-Text Study Guide 121Glossary 122