Techniques of Financial Analysis, Ninth Edition approaches business as a system of fundamentals which is activated by management decisions, investment, operations and financing. The ValueSource software is essential to analyze your firm's financial performance, financial budgets, business dynamics and business value. This thoroughly updated and revised bestseller is a practical action guide to: managing for shareholder value; understanding your business system; analyzing and projecting financial performance; evaluating capital investments; understanding the cost of capital; choosing financing alternatives; valuing a business and its parts.
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This edition of the classic "executive briefing" on financial analysis presents the key methods and concepts from the perspective of managers, owners, and lenders. Techniques of Financial Analysis includes expanded coverage on specific shareholder value creation techniques, probabilistic analysis, cash-based decision making, and issues of valuation in merging and acquiring businesses. Topics covered include: Assessing past business performance and projecting future financial requirements; Analyzing capital investment decisions and assessing the cost of capital; Managing operating funds; Making financing choices.
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