Chapter 10 Financial Management and Accounting in the Global Firm

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Learning Objectives

After studying this chapter, you should be able to:

  1. 10.1 Understand how to choose a capital structure.

  2. 10.2 Understand how to raise funds for the firm.

  3. 10.3 Explain how to manage working capital and cash flow.

  4. 10.4 Describe how to perform capital budgeting.

  5. 10.5 Explain how to manage currency risk.

  6. 10.6 Understand how to manage the diversity of international accounting and tax practices.

How a Small Firm Navigates Currency Risk

Markel Corporation is a Pennsylvania-based SME that makes wire and tubing for the automotive ...

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