This publication for business managers and university students introduces the basic principles, methods and tools of modern corporate finance. The book is unique in that it focuses more on explaining the issues through examples from everyday life and on the specifics of the domestic business environment, compared to the classic mainstream publications in this area. The individual areas of decision-making of corporate managers are explained in the text in relation to the management of key generators of the creation of business value for the owner.
Readers will learn about the possibilities of using accounting information in financial management, with current approaches and methods for managing the main economic variables (costs, revenue, profit or loss, Income, Expenses, cash flow), with the way in which decisions are made about the financing of the company, with selected aspects of long-term and short-term investment decision-making and evaluation of the financial performance of the company. The explanation is supplemented by illustrative numerical examples and much attention is paid to the interpretation of the results. The study of the subject is also facilitated by a summary of basic knowledge, key concepts and knowledge questions including solutions, which are presented at the end of each chapter, as well as continuously updated online support for the book.
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