Harold Bierman, Jr, Seymour Smidt
Abingdon, UK: Routledge, 2006
402pp, ISBN: 978-0-415-40004-6
This provides the corporate decision-maker with practical information on choices related to the elements of risk and time. It focuses on the theme of Net Present Value (NPV), and how it can be used as a single measure of value. It also covers areas such as distribution policy and capital budgeting, form investing in a second firm, and investing in current assets. The book is easy to understand and will enable readers to make smart capital budgeting decisions for any corporation.