Using the innovative approach and powerful examples that have become the signature of this longtime market leader, Brigham/Houston's FUNDAMENTALS OF FINANCIAL MANAGEMENT, 15e continues to equip learners with a thorough understanding of the ""what"" and the ""why"" of corporate finance and financial management. Its unique balance of clear concepts, contemporary theory, and practical applications ensures readers understand the concepts and reasons behind corporate budgeting, financing, working capital decision-making, forecasting, valuation, and Time Value of Money. The authors also provide authoritative insight into the federal debt, the ongoing recovery of financial markets, the European debt crisis, and more. In addition hands-on exercises enable learners to put what they learn into real-world practice.
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