Connect With Smartbook Online Access Fundamentals Of Corporate Finance

12th Edition
1264517343 · 9781264517343
Now in a Twelfth Canadian Edition, Ross Fundamentals of Corporate Finance continues its tradition of excellence as a market leader. Ross focuses on three powerful ideas which are integrated throughout – emphasis on intuition, unified valuation appr… Read More
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PART 1 Overview of Corporate Finance

  1. Introduction to Corporate Finance
  2. Financial Statements, Cash Flow, and Taxes

 

PART 2 Financial Statements and Long-Term Financial Planning

  1. Working with Financial Statements
  2. Long-Term Financial Planning and Corporate Growth

Appendix 4A: A Financial Planning Model for the Hoffman Company (Available on Connect)

Appendix 4B: Derivation of the Sustainable Growth Formula (Available on Connect)

 

PART 3 Valuation of Future Cash Flows

  1. Introduction to Valuation: The Time Value of Money
  2. Discounted Cash Flow Valuation
  3. Interest Rates and Bond Valuation

Appendix 7A: Managing Interest Rate Risk

Appendix 7B: Callable Bonds and Bond Refunding (Available on Connect)

  1. Stock Valuation

 

PART 4 Capital Budgeting

  1. Net Present Value and Other Investment Criteria

Appendix 9A: The Modified Internal Rate of Return

  1. Making Capital Investment Decisions

Appendix 10A:  More on Inflation and Capital Budgeting

Appendix 10B: Capital Budgeting with Spreadsheets

Appendix 10C: Deriving the Tax Shield on CCA Formula

  1. Project Analysis and Evaluation

 

PART 5 Risk and Return

  1. Lessons from Capital Market History
  2. Return, Risk, and the Security Market Line

Appendix 13A: Derivation of the Capital Asset Pricing Model

 

PART 6 Cost of Capital and Long-Term Financial Policy

  1. Cost of Capital

Appendix 14A: Adjusted Present Value

Appendix 14B: Economic Value Added and the Measurement of Financial Perfomance

  1. Raising Capital
  2. Financial Leverage and Capital Structure Policy

Appendix 16A: Capital Structure and Personal Taxes

Appendix 16B: Derivation of Proposition II (Equation 16.4)

  1. Dividends and Dividend Policy

 

PART 7 Short-Term Financial Planning and Management

  1. Short-Term Finance and Planning
  2. Cash and Liquidity Management

Appendix 19A: Cash Management Models (Available on Connect)

  1. Credit and Inventory Management

Appendix 20A: More on Credit Policy Analysis (Available on Connect)

 

PART 8 Topics in Corporate Finance

  1. International Corporate Finance
  2. Leasing
  3. Mergers and Acquisitions

 

PART 9 Derivative Securities and Corporate Finance

  1. Enterprise Risk Management
  2. Options and Corporate Securities
  3. Behavioural Finance: Implications for Financial Management

  

Appendix A: Mathematical Tables (Available on Connect)

Appendix B: Answers to Selected End-of-Chapter Problems (Available on Connect)

Now in a Twelfth Canadian Edition, Ross Fundamentals of Corporate Finance continues its tradition of excellence as a market leader. Ross focuses on three powerful ideas which are integrated throughout – emphasis on intuition, unified valuation approach, and managerial emphasis giving students a solid foundation in business and finance. 

The Twelfth Edition has been updated to provide current, real world examples, and a wealth of new problem material.

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Using a personalized approach to teaching and learning, Connect is powered by adaptive technologies so your students learn more efficiently, retain more and achieve better outcomes and you can provide the engagement and expertise for more ‘aha’ moments.

CURRENCY. Updated real-world examples with a renewed focus on Canadian businesses and transactions fully reflecting the breadth of the Canadian economy.

RELEVANCE. Topics such as sustainable investing and cryptocurrency are integrated into classic curriculum. These fit into the existing sections as examples. For example, a green bond is another type of bond and Bitcoin prices illustrate price return and volatility calculations

New AI Reader. McGraw Hill's AI Reader provides students with an embedded AI learning tool that promotes active reading to drive meaningful engagements and conceptual understanding of course content, not just rote memorization. AI Reader allows instructors to maintain control over how students are using AI in their courses, with trusted materials and guardrails.

Algorithmic Integrated Excel Problems. Algorithmic question versions added for select chapters to accompany the already robust bank of Integrated Excel questions included in every chapter.

Tableau Dashboard Activities. Over 20 new interactive activities added. These allow students to explore directly within Connect and include auto-graded questions focused on both calculations and analysis.

Video Questions. Over 300 video questions heavily audited and reviewed for use in Canadian Finance. Auto-gradable in Connect.

Application-Based Activities. Over 20 role-play simulations that allow students to apply real-world problem-solving skills to relevant finance scenarios.

Test Bank. Question bank revised significantly with more medium-level questions added and underused questions simplified. Algorithmic questions added in heavily used chapters.

MARKET LEADER.  Ross Fundamentals of Corporate Finance continues its tradition of excellence that has earned its status as market leader, offering breadth of coverage and flexibility in organization. Three powerful ideas are integrated throughout – emphasis on intuition, unified valuation approach, and managerial emphasis. 

EMPHASIS ON INTUITION. Ross separates and explains the principles at work on an intuitive level before launching into any specifics. The underlying ideas are discussed, first in very general terms and then by way of examples that illustrate in more concrete terms how a financial manager might proceed in a given situation.

UNIFIED VALUATION APPROACH. Net present value (NPV) is treated as the basic concept underlying corporate finance. Every subject covered in Fundamentals of Corporate Finance is firmly rooted in valuation, and care is taken throughout the text to explain how particular decisions have valuation effects.

MANAGERIAL FOCUS. Throughout the text, the role of the financial manager as decision maker is emphasized, and the need for managerial input and judgment is stressed.

WEALTH OF PROBLEM MATERIAL. Ross includes a variety of problem material to support student learning including end-of-chapter Questions and Problems – labelled by topic and separated into 3 learning levels: Basic, Intermediate, and Challenge; Integrative Mini Cases – longer problems that integrate a number of topics within the chapter, and Internet Application Questions – questions that encourage students to explore using the internet.

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