Friday, May 17, 2013

Financial Management: Principles and Applications 11th Edition


Financial Management: Principles and Applications 11th Edition. Sheridan J Titman, John D. Martin and Arthur J. Keown offer an introduction to financial decision-making that links the concepts to four key principles of finance. This book is aimed for an enduring understanding of the basic tools and fundamental principles upon which finance is based.

Between two to five questions appear at the end of each “A” headed section, giving students a chance to make sure they really understand the concepts before moving on. Appearing in the margins, this glossary provides definitions to the key terms found within the text. Appearing at start of each chapter, these boxes focus on how chapter content relates to other business majors and non-finance related careers.

Demonstrating how the chapter content applies to international business, these boxes appear throughout the book and typically feature one per chapter. The Business of Life boxes which appear throughout the book and also typically feature one per chapter, encourage students to apply the chapter concepts to personal financial problems. Equations appear throughout each chapter to give students formulas to work with.

Featuring approximately seventy in the entire text, these worked examples give students something to compare their own progress and knowledge to. Picture the Problem step gives visual form to the problem and gets students to sketch out everything they already know about it. Students are encouraged at this step to figure out what approach they will use to solve the problem.

The worked out problem is then presented to students in a step-by-step format with the solution. Each solution is accompanied by an analysis of what the solution means. This step emphasizes the fact that problem solving is about analysis and decision-making. Immediately following the presentation of each new problem type, a practice problem is included for students to try to work out the type of calculation used in the example.

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