Capital Investment and Financial Decisions [Paperback]

Haim Levy (Author), Marshall Sarnat (Author)

Book Description

ISBN-10: 0131158821 | ISBN-13: 978-0131158825 | Publication Date: January 1995 | Edition: 5 Sub

A textbook for students of corporate finance, capital budgeting, financial management, and financial theory. Blending theory and practice, it describes the practical applications of the modern theory of finance to realistic corporate decisions, made in uncertain environments, with particular reference to the allocation of the firm's long-term capital resources. This revised and updated edition (fourth was 1990) adds a new chapter on short-term working capital management. A substantial revision of a bestseller by two prominent authors, this book focuses on the practical application of the modern theory of finance to realistic corporate decisions, with an emphasis on the allocation of a firm's long-term capital resources. Includes new chapters on short term working capital management and new examples throughout. Offering a unique blend of theory and practice, Capital Investment and Financial Decisions describes the practical application of the modern theory of finance to realistic corporate decisions, made in uncertain environments, with particular reference to the allocation of the firm's long-term capital resources. In the fifth edition: A new chapter on short-term working capital management; real-world examples have been incorporated throughout the textbook to enhance the student's understanding of the material presented as well as increase the student's awareness of the material being discussed; consistent with the current low inflationary environment, inflation has been incorporated in the relevant chapters rather than an entire chapter being devoted to the topic; new problems and mini-cases have been added to every chapter; the relevant changes in the US tax code have been incorporated; the discussion of capital market theory has been updated to reflect current and ongoing research in this area; and boxed articles from the financial media are quoted, emphasizing the relevance of the studied material. Capital Investment and Financial Decisions, Fifth Edition, is for students of corporate finance, capital budgeting, financial management, and financial theory.

Editorial Reviews

From the Publisher

This book focuses on the practical application of the modern theory of finance to realistic corporate decisions--with an emphasis on the allocation of a firm's long-term capital resources.

From the Back Cover

KEY BENEFIT: Substantial revision of a best-seller by two prominent authors. This book focuses on the practical application of the modern theory of finance to realistic corporate decisions, with an emphasis on the allocation of a firm's long-term capital resources. KEY TOPICS: New chapters on short term working capital management. New real- world examples and data throughout. Inflation material is integrated. Research on capital market theory has been updated. More end of chapter problems have been added. Previous edition ISBN is 0-13-115569-5.

Product Details

• Paperback: 800 pages
• Publisher: Prentice Hall College Div; 5 Sub edition (January 1995)
• Language: English
• ISBN-10: 0131158821
• ISBN-13: 978-0131158825
• Product Dimensions: 9.1 x 6.8 x 1.7 inches
• Shipping Weight: 2.7 pounds
• Average Customer Review: 4.0 out of 5 stars  See all reviews (2 customer reviews)
• Amazon Best Sellers Rank: #2,797,603 in Books (See Top 100 in Books)

Customer Reviews

Most Helpful Customer Reviews

2 of 2 people found the following review helpful:

5.0 out of 5 stars excellent!, July 14, 2000

By 

"luria" - See all my reviews

This review is from: Capital Investment and Financial Decisions (Paperback)

I found this an excellent book for an MBA. Thorough, detailed, and well-organized. I would recommend it to someone who wants to study finance at an intermediate-advanced level.

0 of 1 people found the following review helpful:

3.0 out of 5 stars Answers, December 10, 1999

By 

Benny Bech Jensen (Odense , denmark) - See all my reviews

This review is from: Capital Investment and Financial Decisions (Paperback)

What is missing in the book is answers to the questions and problems. Is it posible to get these answers.