Description
Explains concepts and tools for understanding the financial impact of business decisions, using current examples of actual business situations to demonstrate how managers can improve decision making and enhance business performance. Material is in plain language, without abstract theory or rigorous mathematical proofs. Coverage encompasses international financial statements and the financial impacts of foreign exchange rates. Includes problems and solutions. For students in finance, for those in executive management education courses, and for practicing managers and investment analysts. Harrington teaches finance and applied investment management Babson College. Annotation c. Book News, Inc., Portland, OR (booknews.com)
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This paperback text emphasizes the financial concepts and tools essential for understanding the financial impacts of business decisions. Harrington uses current examples of actual business situations to demonstrate how financial tools, concepts, and theories can be used by managers to improve decision making and enhance business performance. The text has a global emphasis with an equal number of domestic and international examples. The author includes a discussion of international financial statements and the financial impacts of changes in foreign exchange rates. The book's major appeal is its direct, concise, and no-nonsense approach to understanding both the basics of finance and current financial concepts, which allows even non-financial managers to understand financial analysis.
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