{"text_format":"2","workbook":"xls","n_sheets":1,"sheets":["report2"],"not_rendered":{"charts":0,"images":0,"macros":0,"external_links":1,"defined_names":1,"comments":0,"pivot_tables":0},"unopened":[],"bounds":{"document_bytes":16777216,"sheet_cells":100000,"run_cost":"one","rows_first":2000,"rows_last":500,"rows_between":2000,"halvings":0,"cell_chars":16384,"cell_head_chars":4096},"cells_cut":0,"cells_raw":0,"read":"whole","date_system":"1900","formulas":"cached_only"}

{"sheet":"report2","index":0,"n_rows":24,"n_cols":5,"rows_kept":24,"cut":false,"hidden":false,"merged":[[0,2,0,3],[0,4,0,5],[1,2,1,3],[1,4,1,5],[2,2,2,3],[2,4,2,5],[3,2,3,3],[5,2,5,3],[6,2,6,3],[7,2,7,3],[8,2,8,3],[9,2,9,3],[10,2,10,3],[12,2,12,3],[13,2,13,3],[17,2,17,3]],"flags":["formulas_cached_only"]}
[null,"1.","Record Nr.",null,"UNINA9910151591703321"]
[null,null,"Autore",null,"Atrill Peter"]
[null,null,"Titolo",null,"Financial management for decision makers / / Peter Atrill"]
[null,null,"Pubbl/distr/stampa",null,"Harlow, England : , : Pearson, , 2014"]
[{"$nulls":4},"©2014"]
[null,null,"ISBN",null,"1-292-01609-4"]
[null,null,"Edizione",null,"[Seventh edition.]"]
[null,null,"Descrizione fisica",null,"1 online resource (634 pages) : illustrations (some color), graphs"]
[null,null,"Collana",null,"Always Learning"]
[null,null,"Disciplina",null,"658.15"]
[null,null,"Soggetti",null,"Accounting"]
[{"$nulls":4},"Decision making"]
[null,null,"Lingua di pubblicazione",null,"Inglese"]
[null,null,"Formato",null,"Materiale a stampa"]
[null,null,null,"Livello bibliografico","Monografia"]
[null,null,null,"Note generali","Bibliographic Level Mode of Issuance: Monograph"]
[null,null,null,"Nota di bibliografia","Includes bibliographical references at the end of each chapters and index."]
[null,null,"Nota di contenuto",null,"Cover -- Contents -- Preface -- Acknowledgements -- How to use this book -- Guided tour of the book -- 1 THE WORLD OF FINANCIAL MANAGEMENT -- INTRODUCTION -- Learning outcomes -- THE FINANCE FUNCTION -- STRUCTURE OF THE BOOK -- MODERN FINANCIAL MANAGEMENT -- WHY DO BUSINESSES EXIST? -- BALANCING RISK AND RETURN -- BEHAVING ETHICALLY -- PROTECTING SHAREHOLDERS' INTERESTS -- SHAREHOLDER INVOLVEMENT -- SUMMARY -- KEY TERMS -- REFERENCES -- FURTHER READING -- REVIEW QUESTIONS -- 2 FINANCIAL PLANNING -- INTRODUCTION -- Learning outcomes -- PLANNING FOR THE FUTURE -- THE ROLE OF PROJECTED FINANCIAL STATEMENTS -- PREPARING PROJECTED FINANCIAL STATEMENTS -- PREPARING THE PROJECTED STATEMENTS: A WORKED EXAMPLE -- PROJECTED CASH FLOW STATEMENT -- PROJECTED INCOME STATEMENT -- PROJECTED STATEMENT OF FINANCIAL POSITION (BALANCE SHEET) -- PROJECTED FINANCIAL STATEMENTS AND DECISION MAKING -- PER-CENT-OF-SALES METHOD -- LONG-TERM CASH FLOW PROJECTIONS -- TAKING ACCOUNT OF RISK -- SUMMARY -- KEY TERMS -- FURTHER READING -- REVIEW QUESTIONS -- EXERCISES -- 3 ANALYSING AND INTERPRETING FINANCIAL STATEMENTS -- INTRODUCTION -- Learning outcomes -- FINANCIAL RATIOS -- FINANCIAL RATIO CLASSIFICATIONS -- THE NEED FOR COMPARISON -- CALCULATING THE RATIOS -- A BRIEF OVERVIEW -- PROFITABILITY -- EFFICIENCY -- RELATIONSHIP BETWEEN PROFITABILITY AND EFFICIENCY -- LIQUIDITY -- FINANCIAL GEARING -- INVESTMENT RATIOS -- FINANCIAL RATIOS AND THE "]
[{"$nulls":4},"PROBLEM OF OVERTRADING -- TREND ANALYSIS -- USING RATIOS TO PREDICT FINANCIAL FAILURE -- LIMITATIONS OF RATIO ANALYSIS -- SUMMARY -- KEY TERMS -- REFERENCES -- FURTHER READING -- REVIEW QUESTIONS -- EXERCISES -- 4 MAKING CAPITAL INVESTMENT DECISIONS -- INTRODUCTION -- Learning outcomes -- THE NATURE OF INVESTMENT DECISIONS -- INVESTMENT APPRAISAL METHODS -- ACCOUNTING RATE OF RETURN (ARR) -- PAYBACK PERIOD (PP)."]
[{"$nulls":4},"NET PRESENT VALUE (NPV) -- WHY NPV IS BETTER -- INTERNAL RATE OF RETURN (IRR) -- SOME PRACTICAL POINTS -- INVESTMENT APPRAISAL IN PRACTICE -- INVESTMENT APPRAISAL AND STRATEGIC PLANNING -- THE INVESTMENT APPRAISAL PROCESS -- INVESTMENT DECISIONS AND HUMAN BEHAVIOUR -- SUMMARY -- KEY TERMS -- FURTHER READING -- REVIEW QUESTIONS -- EXERCISES -- 5 MAKING CAPITAL INVESTMENT DECISIONS: FURTHER ISSUES -- INTRODUCTION -- Learning outcomes -- INVESTMENT DECISIONS WHEN FUNDS ARE LIMITED -- COMPARING PROJECTS WITH UNEQUAL LIVES -- THE ABILITY TO DELAY -- THE PROBLEM OF INFLATION -- THE PROBLEM OF RISK -- SENSITIVITY ANALYSIS -- SCENARIO ANALYSIS -- SIMULATIONS -- RISK PREFERENCES OF INVESTORS -- RISK-ADJUSTED DISCOUNT RATE -- EXPECTED NET PRESENT VALUE -- EVENT TREE DIAGRAMS -- RISK AND THE STANDARD DEVIATION -- THE STANDARD DEVIATION AND THE NORMAL DISTRIBUTION -- THE EXPECTED VALUE-STANDARD DEVIATION RULE -- MEASURING PROBABILITIES -- THE LIMITS OF PROBABILITY ANALYSIS -- PORTFOLIO EFFECTS AND RISK REDUCTION -- SUMMARY -- KEY TERMS -- FURTHER READING -- REVIEW QUESTIONS -- EXERCISES -- 6 FINANCING A BUSINESS 1: SOURCES OF FINANCE -- INTRODUCTION -- Learning outcomes -- SOURCES OF FINANCE -- EXTERNAL SOURCES OF FINANCE -- EXTERNAL SOURCES OF LONG-TERM FINANCE -- EXTERNAL SOURCES OF SHORT-TERM FINANCE -- LONG-TERM VERSUS SHORT-TERM BORROWING -- INTERNAL SOURCES OF FINANCE -- INTERNAL SOURCES OF LONG-TERM FINANCE -- INTERNAL SOURCES OF SHORT-TERM FINANCE -- SUMMARY -- KEY TERMS -- FURTHER READING -- REVIEW QUESTIONS -- EXERCISES -- 7 FINANCING A BUSINESS 2: RAISING LONG-TERMFINANCE -- INTRODUCTION -- Learning outcomes -- THE STOCK EXCHANGE -- STOCK MARKET EFFICIENCY -- ARE THE STOCK MARKETS REALLY EFFICIENT? -- SHARE ISSUES -- LONG-TERM FINANCE FOR THE SMALLER BUSINESS -- BUSINESS ANGELS -- GOVERNMENT ASSISTANCE -- THE ALTERNATIVE INVESTMENT MARKET (AIM)."]
[{"$nulls":4},"AMAZON.COM: A CASE HISTORY -- SUMMARY -- KEY TERMS -- REFERENCES -- FURTHER READING -- REVIEW QUESTIONS -- EXERCISES -- 8 THE COST OF CAPITAL AND THE CAPITAL STRUCTURE DECISION -- INTRODUCTION -- Learning outcomes -- COST OF CAPITAL -- WEIGHTED AVERAGE COST OF CAPITAL (WACC) -- SPECIFIC OR AVERAGE COST OF CAPITAL? -- LIMITATIONS OF THE WACC APPROACH -- COST OF CAPITAL - SOME EVIDENCE -- FINANCIAL GEARING -- DEGREE OF FINANCIAL GEARING -- GEARING AND CAPITAL STRUCTURE DECISIONS -- CONSTRUCTING A PBIT-EPS INDIFFERENCE CHART -- WHAT DETERMINES THE LEVEL OF GEARING? -- THE CAPITAL STRUCTURE DEBATE -- SUMMARY -- KEY TERMS -- REFERENCES -- FURTHER READING -- REVIEW QUESTIONS -- EXERCISES -- 9 MAKING DISTRIBUTIONS TO SHAREHOLDERS -- INTRODUCTION -- Learning outcomes -- PAYING DIVIDENDS -- DIVIDEND DISTRIBUTIONS IN PRACTICE -- DIVIDEND POLICY AND SHAREHOLDER WEALTH -- THE IMPORTANCE OF DIVIDENDS -- FACTORS DETERMINING THE LEVEL OF DIVIDENDS -- DIVIDEND POLICY AND MANAGEMENT ATTITUDES: SOME EVIDENCE -- DIVIDEND SMOOTHING IN PRACTICE -- WHAT SHOULD MANAGERS DO? -- ALTERNATIVES TO CASH DIVIDENDS -- SUMMARY "]
[{"$nulls":4},"-- KEY TERMS -- REFERENCES -- FURTHER READING -- REVIEW QUESTIONS -- EXERCISES -- 10 MANAGING WORKING CAPITAL -- INTRODUCTION -- Learning outcomes -- WHAT IS WORKING CAPITAL? -- THE SCALE OF WORKING CAPITAL -- MANAGING INVENTORIES -- INVENTORIES MANAGEMENT MODELS -- MANAGING TRADE RECEIVABLES -- MANAGING CASH -- MANAGING TRADE PAYABLES -- SUMMARY -- KEY TERMS -- FURTHER READING -- REVIEW QUESTIONS -- EXERCISES -- 11 MEASURING AND MANAGING FOR SHAREHOLDER VALUE -- INTRODUCTION -- Learning outcomes -- THE QUEST FOR SHAREHOLDER VALUE -- CREATING SHAREHOLDER VALUE -- THE NEED FOR NEW FORMS OF MEASUREMENT -- NET PRESENT VALUE (NPV) ANALYSIS -- MANAGING THE BUSINESS WITH SHAREHOLDER VALUE ANALYSIS -- IMPLICATIONS OF SVA -- ECONOMIC VALUE ADDED (EVA ® )."]
[{"$nulls":4},"EVA ® -BASED RATIOS -- EVA ® IN PRACTICE -- EVA ® AND SVA COMPARED -- EVA ® OR SVA? -- MARKET VALUE ADDED (MVA) -- THE LINK BETWEEN MVA AND EVA ® -- LIMITATIONS OF MVA -- TOTAL SHAREHOLDER RETURN -- CRITICISMS OF THE SHAREHOLDER VALUE APPROACH -- MEASURING THE VALUE OF FUTURE GROWTH -- IMPLEMENTING THE SHAREHOLDER VALUE APPROACH -- DIRECTORS' SHARE OPTIONS AND SHAREHOLDER VALUE -- SUMMARY -- KEY TERMS -- REFERENCES -- FURTHER READING -- REVIEW QUESTIONS -- EXERCISES -- 12 BUSINESS MERGERS AND SHARE VALUATION -- INTRODUCTION -- Learning outcomes -- MERGERS AND TAKEOVERS -- MERGER AND TAKEOVER ACTIVITY -- THE RATIONALE FOR MERGERS -- WEALTH-ENHANCING MOTIVES FOR MERGERS -- OTHER MOTIVES FOR MERGERS -- FORMS OF PURCHASE CONSIDERATION -- MERGERS AND FINANCIAL PERFORMANCE -- WHO BENEFITS? -- THE MERGER PUZZLE -- INGREDIENTS FOR SUCCESSFUL MERGERS -- REJECTING A TAKEOVER BID -- RESTRUCTURING A BUSINESS: DIVESTMENTS AND DEMERGERS -- THE VALUATION OF SHARES -- CHOOSING A VALUATION MODEL -- SUMMARY -- KEY TERMS -- REFERENCES -- FURTHER READING -- REVIEW QUESTIONS -- EXERCISES -- Appendix A PRESENT VALUE TABLE -- Appendix B ANNUAL EQUIVALENT FACTOR TABLE -- Appendix C SOLUTIONS TO SELF-ASSESSMENT QUESTIONS -- Appendix D SOLUTIONS TO REVIEW QUESTIONS -- Appendix E SOLUTIONS TO SELECTED EXERCISES -- Glossary of key terms -- Index."]
[null,null,null,"Sommario/riassunto","Adopting an innovative, open-learning approach to introduce the main principles of financial management in an accessible, non-technical way, this fully updated seventh edition provides a unique focus on the practical application of financial management and its role in decision making."]