January 2018
Beginner
976 pages
142h 14m
English
book
Principles of Managerial Finance, 15th Edition
by Scott B. Smart, Chad J. Zutter, Lawrence J. Gitman
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Opener-in-Review
In the chapter opener, you learned that U.S. companies had been building up their inventory and receivables balances after the financial crisis while simultaneously borrowing at low interest rates. In this chapter you also learned that the opportunity cost of funds is an important consideration when firms make changes to their policies that alter the balances of working capital accounts such as inventory and receivables. Suppose that firms are managing their working capital assets to maximize shareholder value. If market interest rates drop, reflecting a lower opportunity cost of funds for firms, how should they change working capital account balances?
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I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.Amir M.
I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.