Solutions for Fundamentals of Financial Management, Concise Edition, 11th Edition Brigham (All Chapters included)
183 views 1 purchase
Course
Financial management
Institution
Financial Management
Complete Solutions Manual for Fundamentals of Financial Management, Concise Edition, 11th Edition by Eugene F. Brigham, Joel F. Houston ; ISBN13: 9780357517710. (Full Chapters included Chapter 1 to 18). End-of-chapter answers and problems included...
Chapter 1. An Overview of Financial Management....
Fundamentals of Financial
Management,
Concise Edition, 11th Edition
by Eugene F. Brigham
Complete Chapter Solutions Manual
are included (Ch 1 to 18)
** Immediate Download
** Swift Response
** All Chapters included
, Chapter 1
An Overview of Financial Management
Learning Objectives
After reading this chapter, students should be able to do the following:
Explain the role of finance and the different types of jobs in finance.
Identify the advantages and disadvantages of different forms of business organization.
Explain the links between stock price, intrinsic value, and executive compensation.
Identify the potential conflicts that arise within the firm between stockholders and managers and
between stockholders and bondholders, and discuss the techniques that firms can use to mitigate these
potential conflicts.
Discuss the importance of business ethics and the consequences of unethical behavior.
, Lecture Suggestions
Chapter 1 covers some important concepts and discussing them in class can be interesting. However,
students can read the chapter on their own, so it can be assigned but not covered in class.
We spend the first day going over the syllabus and discussing grading and other mechanics relating
to the course. To the extent that time permits, we talk about the topics that will be covered in the course
and the structure of the book. We also briefly discuss the fact that it is assumed that managers try to
maximize stock prices, but that they may have other goals, hence that it is useful to tie executive
compensation to stockholder-oriented performance measures. If time permits, we think it’s worthwhile to
spend at least a full day on the chapter. If not, we ask students to read it on their own, and to keep them
honest, we ask one or two questions about the material on the first exam.
One point we emphasize in the first class is that students should print a copy of the PowerPoint
slides for each chapter covered and purchase a financial calculator immediately and bring both to class
regularly. We also put copies of the various versions of our “Brief Calculator Manual,” which in about 12
pages explains how to use the most popular calculators, in the copy center. Students will need to learn
how to use their calculators before time value of money concepts are covered in Chapter 5. It is important
for students to grasp these concepts early as many of the remaining chapters build on the TVM concepts.
We are often asked what calculator students should buy. If they already have a financial calculator
that can find IRRs, we tell them that it will do, but if they do not have one, we recommend either the
HP-10BII+ or 17BII+. Please see the “Lecture Suggestions” for Chapter 5 for more on calculators.
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller mizhouubcca. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $29.49. You're not tied to anything after your purchase.
