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Sees the objective of teaching financial management to be to helpmanagers and potential managers to make sensible investment andfinancing decisions. Acknowledges that financial theory teaches thatinvestment and financing decisions should be based on cash flow andrisk. Provides information on payback period return on capitalemployed, earnings per share effect, working capital, profit planning,standard costing, financial statement planning and ratio analysis. Seeksto combine the practical rules of thumb of the traditionalists with theideas of the financial theorists to form a balanced approach topractical financial management for MBA students, financial managers andundergraduates.
Management Decision – Emerald Publishing
Published: Feb 1, 1993
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