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Foundations of Financial Management, 11/e

Stanley Block, Texas Christian University
Geoffrey Hirt, DePaul University

ISBN: 0072842296
Copyright year: 2005

Feature Summary



  • Each new textbook includes a free Self-Study CD-ROM that includes electronic study questions that contain glossary terms, chapter outlines, chapter summaries, and true-false and multiple-choice questions for each chapter. It enables students to take a test from one chapter or several chapters at a time. It also has a Time Value of Money problem generator, which creates an infinite number of problems for review of this challenging yet fundamental concept. The software is written by the authors. Excel Template software is also included on the CD.
  • Powerweb for Corporate Finance is packaged free with every new book. This dynamic online resource includes recent articles from journals and magazines, weekly updates on current issues, and links to current news of the day. There is also a series of study aids such as quizzes, web links, and interactive exercises.
  • In-book Acetates on the Time Value of Money helps instructors communicate this often challenging subject to students in a clear, step-by-step way. They visually relate future values and present values. These are found in Chapter 9.
  • Chapter 2 provides a review of accounting principles, finance terminology and financial statements to help students understand the impact of financial decision-making.
  • Functional Integration: The authors have taken great care to include examples that are not just applicable to finance, but also to the marketing, management and accounting majors, as well as small business finance. Over two-thirds of jobs created in the U.S. economy are from small businesses, so the authors continue to note when specific financial techniques are performed differently by large and small businesses.
  • Functional use of four colors enhances the understanding of tables, graphs, and exhibits. The authors explain how color is used pedagogically on the end sheets. Color is an integral part of the presentation of finance topics to assist understanding and retaining the concepts being discussed. For example, red stands for short-term financing in some figures, while blue stands for long-term financing.
  • End of chapter material includes a summary, summary list of equations/review of formulas, list of key terms, discussion questions and problems, and comprehensive problems (in select chapters). The authors write all their own questions and problems, so great care has been taken to make them consistent with the chapter material. There are over 250 questions and 350 problems in this edition to reinforce and test student understanding.
  • Finance in Action boxes, which present readings that highlight specific topics of interest, are now categorized into three groups: global, real world, and technology.
  • Chapter opening vignettes motivate students by bringing in current events to illustrate the material to be learned in the chapter. Chapter openers include a list of chapter concepts that provide a quick introduction of the material students will be expected to learn in the chapter.
  • Each part opens with a News-Maker feature that highlights an influential person in finance or business and their contribution to the field. Featured professionals include Paul Newman, Oprah Winfrey, William Donaldson, Cathy Fiorina, Stanley O’Neal, and Carlos Gutierrez.
  • Uses company logos in the margin of the text where a situation involving the company is used as an example. This feature calls attention to the strength in providing real-world examples.
  • Comprehensive international coverage, using both companies and events, throughout the text.
  • Case Book, with 27 cases written by the authors, is sold separately and can be bundled with the text at a discount. The cases are ideal for in-depth analysis and facilitate an integrated understanding of the topics presented in the book.

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