ANALYSIS
for
FINANCIAL MANAGEMENT
Robert C. Higgins
8th Edition
Irwin/McGraw-Hill, Inc.
2007
| Analysis for Financial Management
is a 400 page paperback written
for nonfinancial executives and business students interested in the practice of financial
management. The book introduces standard techniques and recent conceptual advances
in a practical, intuitive way. Its principal markets are as a text in case courses
and in executive programs.
The publisher's Web site for the book is www.mhhe.com/higgins8e. There you will find a table of contents and preface. Select "Student Edition" to access three complimentary software programs that help to automate some of the more routine financial calculations described in the book. Links to these programs, entitled HISTORY, PROFORMA, and DCF, appear on the left of the "Student Edition" page. For more on these Excel programs see below. Select any of the chapter links appearing on
the "Student Edition" page for access to additional chapter
problems and suggested answers, plus PowerPoint slides. |
|
| Complimentary Software to Accompany Analysis for Financial Management | |
| These Excel programs, available on the publisher's Web site described above, help to automate routine financial calculations. Feel free to download and use as you like. Each program is about 500kb. To download, right click on the appropriate link on the publisher's Web site and select "Save Target As." (You will likely be asked to enable program macros at various points, and with Proforma you may receive one or more warnings about circular references, which you should ignore.) | |
| HISTORY produces a financial analysis of up to five years of user-supplied, historical financial data about a company. Results appear in four, convenient tables of one page each. Balance sheet and income statement entries can be customized to a limited degree to reflect the reporting practices of individual companies. HISTORY is useful with its companion program, PROFORMA, to produce up to five-year forecasts of future financial performance and possible funding needs | |
| PROFORMA converts user-supplied information and assumptions about a company into proforma financial forecasts for as many as five years into the future. It also performs a ratio analysis and a sustainable growth analysis of the results. Additional ' what if ' analysis is easy to perform. | |
| DCF performs a discounted cash flow analysis of user-supplied cash flows. Output consists of six figures of investment merit, including Net Present Value and Internal Rate of Return, a Present Value Profile and a Cash Flow Diagram. DCF can answer most practical, present value problems extending over as many as 360 periods. (360 periods enables you to analyze 30-year, monthly payment mortgages.) | |