To succeed with this book: buy the latest edition, do every problem twice, and never skip the TVM chapter. Do that, and you will not only pass your class—you will actually understand how money works in the real world.
How should the firm raise capital—debt, equity, or a mix of both? financial management book by cabrera
| Feature | Cabrera (Local) | Brigham & Houston (US) | Gitman & Zutter (International) | | :--- | :--- | :--- | :--- | | | PHP | USD | USD | | Regulatory Focus | BIR, SEC Philippines | IRS, SEC USA | International (IFRS) | | Problem Difficulty | High (Board exam level) | Medium-High | Medium | | Real-world Cases | Philippine corporations | US Fortune 500 | Global firms | | Best for | CPA board exam, PH students | US MBA programs | International business | To succeed with this book: buy the latest
| Chapter | Title | Key Takeaway | | :--- | :--- | :--- | | 1 | Nature, Purpose, and Scope of FM | Definition of finance vs. accounting | | 2 | Financial Statement Analysis | Calculating ratios from real data | | 3 | Time Value of Money | Using present value tables | | 4 | Risk and Return | CAPM and Beta calculation | | 5 | Valuation of Securities | Bond and stock pricing | | 6 | Capital Budgeting | NPV vs. IRR decision rules | | 7 | Cost of Capital | Computing WACC with floatation costs | | 8 | Leverage and Capital Structure | EBIT-EPS analysis | | 9 | Dividend Policy | Factors affecting dividend decisions | | 10 | Working Capital Management | Cash conversion cycle | | Feature | Cabrera (Local) | Brigham &