Preface

Essentials of Financial Management is about financial analysis and funds management. The basic purpose of the book is to introduce the subject to assist the reader to develop a basic understanding of the concepts and techniques underlying financial management in a systematic way. To accomplish this purpose, I have presented recent thinking in the most lucid, simple, unambiguous and precise manner. The book contains discussion of the fundamentals of capital budgeting, capital structure and dividend policy and working capital management with a view that the reader understands these financial decisions thoroughly and is able to evaluate their implications from the shareholders’ and the company’s points of view. It also discusses concepts, ...

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