Finance: Applications and Theory is an introduction to corporate finance, focusing on how companies invest in real assets, raise the money to pay for the investments, and how those assets affect the value of the firm. The sixth edition continues to provide the core concepts for the undergraduate corporate finance course, to parallel and support how instructors from across the country teach finance. Also, this is the first text to use individual examples to help students better understand the material. The framework of this text helps students understand how to approach core financial concepts by emphasizing three themes:
- Finance is about connecting core concepts
- Finance can be taught using a personal perspective
- Finance focuses on solving problems and decision making