Description
Hospitality Financial Management is an up-to-date finance text that offers hospitality students a uniquely Canadian introduction to financial management specifically for hospitality and tourism majors. The book uses hospitality examples throughout to cover concepts from a practical perspective, explaining and demonstrating the importance of financial management in the hospitality industry.
Table of Contents
Chapter 1 Introduction to Canadian Hospitality Financial Management
Chapter 2 Fundamental Principles of Financial Management–NEW
Chapter 3 The Canadian Financial Environment–NEW
Chapter 4 Financial Markets and Financial Instruments
Chapter 5 Review of Financial Statements and Selected Ratios
Chapter 6 The Relationship between Risk and Return
Chapter 7 Time Value of Money
Chapter 8 Fixed Income Securities: Bonds and Preferred Stock
Chapter 9 Common Stock
Chapter 10 Cost of Capital
Chapter 11 Introduction to Capital Budgeting and Cash Flow Estimation
Chapter 12 Capital Budgeting Decision Methods
Chapter 13 An Introduction to Hotel Valuation
Chapter 14 Capital Structure
Chapter 15 Mergers and Acquisitions–NEW
Appendix 1 Using a Business Calculator Programmed for Financial Mathematics
Appendix 2 Using a Financial Calculator to Compute Effective Annual Rates
Appendix 3 Using a Business Calculator to Solve the Value of a Corporate Bond
Appendix 4 Using a Business Calculator to Compute a Bond’s Yield to Maturity
Appendix 5 Computing NPV and IRR with Financial Calculators
Appendix 6 Hospitality Capital Budgeting Example
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