Corporate Finance: A South African Perspective explains financial management concepts and practice in an accessible and concise way, while supporting students with plenty of practice examples and illustrations of real-life applications.

The book is aimed at second- and third-year students of financial management who are enrolled in general B.Com degrees or B.Bus.Sci degrees, as well as third- and fourth-year students of financial management at universities of technology. It will also be of value to MBA and postgraduate diploma students taking courses in finance.

New to this edition:

•    Opening and closing case studies and other application examples have been updated with the latest developments or replaced with brand-new case studies and examples.
•    The graded end-of-chapter questions comprising multiple choice questions and longer questions have been revised, and new questions have been added
•    There is a greater focus on the ramifications of risk within the post-pandemic environment.
•    Chapter 1 Introduction to financial management outlines the changes envisioned by the King V Code on Corporate Governance for South Africa.
•    Chapter 2 Financial statements has been updated with the recent changes in Accounting Standards, including IFRS 18 Presentation and disclosure in financial statements.
•     Chapter 3 Ratio analysis includes a section on how artificial intelligence (AI) is transforming financial statement analysis.
•    Data and statistics in worked examples and in the text have been updated throughout the book where applicable.

Table of Contents:

Part 1: Measurement
Chapter 1: Introduction to financial management
Chapter 2: Financial statements
Chapter 3: Ratio analysis
Part 2: Investment decisions
Chapter 4: The time value of money
Chapter 5: Investment appraisal methods
Chapter 6: Estimating relevant cash flows
Chapter 7: Appraising investment risk
Chapter 8: Bond valuation and interest rates
Chapter 9: Share valuation
Part 3: Financing decisions
Chapter 10: Risk and return
Chapter 11: Cost of capital
Chapter 12: Sources of finance and capital structure
Part 4: Dividends
Chapter 13: Distribution policy
Part 5: Working-capital management
Chapter 14: Working-capital management    

Help your students navigate complex texts in history/social studies and English language arts! This book shows you how to use a key tool-text-based questions-to build students' literacy and critical thinking skills and meet the Common Core State Standards. You'll learn how to ask text-based questions about different types of nonfiction and visual texts, including primary and secondary sources, maps, charts, and paintings. You'll also get ideas for teaching students to examine point of view, write analytical responses, compare texts, cite textual evidence, and pose their own high-level questions. The book is filled with examples that you can use immediately or modify as needed. Each chapter ends with a reflection section to help you adapt the ideas to your own classroom. What's Inside: Helpful information on teaching different types of nonfiction texts, including literary nonfiction, informational texts, primary and secondary sources, and visual texts Ideas for locating primary sources Questions students should ask about every text Techniques for soliciting higher-order questions from students Ways to get students to think critically about the relationships between texts Strategies to help students integrate information from different types of sources, a skill that will help students respond to performance tasks on the PARCC and SBAC assessments and DBQs on AP exams Tips for teaching students to write good responses to text-based questions, including how to cite sources and incorporate point of view Ideas for using rubrics and peer grading to evaluate students' responses Connections to the informational reading standards of the Common Core State Standards for English Language Arts for grades 3-12 and of the Common Core State Standards for Literacy in History/Social Studies, Science, and Technical Subjects

Help your students navigate complex texts in history/social studies and English language arts! This book shows you how to use a key tool-text-based questions-to build students' literacy and critical thinking skills and meet the Common Core State Standards. You'll learn how to ask text-based questions about different types of nonfiction and visual texts, including primary and secondary sources, maps, charts, and paintings. You'll also get ideas for teaching students to examine point of view, write analytical responses, compare texts, cite textual evidence, and pose their own high-level questions. The book is filled with examples that you can use immediately or modify as needed. Each chapter ends with a reflection section to help you adapt the ideas to your own classroom. What's Inside: Helpful information on teaching different types of nonfiction texts, including literary nonfiction, informational texts, primary and secondary sources, and visual texts Ideas for locating primary sources Questions students should ask about every text Techniques for soliciting higher-order questions from students Ways to get students to think critically about the relationships between texts Strategies to help students integrate information from different types of sources, a skill that will help students respond to performance tasks on the PARCC and SBAC assessments and DBQs on AP exams Tips for teaching students to write good responses to text-based questions, including how to cite sources and incorporate point of view Ideas for using rubrics and peer grading to evaluate students' responses Connections to the informational reading standards of the Common Core State Standards for English Language Arts for grades 3-12 and of the Common Core State Standards for Literacy in History/Social Studies, Science, and Technical Subjects

Metropolitan Planning in Britain is the first comparative analysis and assessment of metropolitan areas and their strategic planning for almost two decades. Changes in population distribution, styles of local government, business practices, and attitudes to the environment have all had an impact on cities in recent years which planners and other policy makers must take into consideration. Based on a series of research projects and the activities of a study group supported by the Regional Studies Association, the book examines in detail nine major urban areas, their specific characters and requirements, and how metropolitan planning is adapting to fulfil those requirements. It also discuses the possible future evolution of metropolitan planning, especially in the light of new regional arrangements and devolution.

Metropolitan Planning in Britain is the first comparative analysis and assessment of metropolitan areas and their strategic planning for almost two decades. Changes in population distribution, styles of local government, business practices, and attitudes to the environment have all had an impact on cities in recent years which planners and other policy makers must take into consideration. Based on a series of research projects and the activities of a study group supported by the Regional Studies Association, the book examines in detail nine major urban areas, their specific characters and requirements, and how metropolitan planning is adapting to fulfil those requirements. It also discuses the possible future evolution of metropolitan planning, especially in the light of new regional arrangements and devolution.

Help your students navigate complex texts in history and social studies. This book shows you how to use document-based questions, or DBQs, to build student literacy and critical thinking skills while meeting rigorous state standards and preparing students for AP exams. DBQs can be implemented year-round and can be adjusted to meet your instructional needs. With the helpful advice in this book, you'll learn how to use DBQs to teach nonfiction and visual texts, including primary and secondary sources, maps, and paintings. You'll also get ideas for teaching students to examine different points of view and write analytical responses. Topics include: Using the SOAPSETone (Speaker, Occasion, Audience, Purpose, Subject, Evidence and Tone) technique to to analyze visual and nonvisual texts; Teaching students to distinguish between primary and secondary sources; Working with multiple texts and learning to recognize the relationships between them; Formulating DBQs to suit different types of assessment, including short-answer questions, multiple-choice questions, and in-class essay prompts; Evaluating student responses and providing constructive feedback.

Help your students navigate complex texts in history and social studies. This book shows you how to use document-based questions, or DBQs, to build student literacy and critical thinking skills while meeting rigorous state standards and preparing students for AP exams. DBQs can be implemented year-round and can be adjusted to meet your instructional needs. With the helpful advice in this book, you'll learn how to use DBQs to teach nonfiction and visual texts, including primary and secondary sources, maps, and paintings. You'll also get ideas for teaching students to examine different points of view and write analytical responses. Topics include: Using the SOAPSETone (Speaker, Occasion, Audience, Purpose, Subject, Evidence and Tone) technique to to analyze visual and nonvisual texts; Teaching students to distinguish between primary and secondary sources; Working with multiple texts and learning to recognize the relationships between them; Formulating DBQs to suit different types of assessment, including short-answer questions, multiple-choice questions, and in-class essay prompts; Evaluating student responses and providing constructive feedback.

Corporate Finance: A South African perspective second edition takes a fresh principles-based approach to the study of financial management. It is aimed at second and third-year students following courses in financial management in BCom or BBusSc degree programmes.

The book explains financial management concepts and practice in an accessible and concise way, while supporting students with plenty of practice examples and illustrations of real-life application.

Corporate Finance features:

• Opening and closing case studies of international as well as South African companies to help students analyse financial theory in context
• Worked examples and end-of-chapter questions to provide essential practice in financial calculations
• Solutions section at the end of the book to facilitate self-study
• Ethics case studies, which create awareness of ethical dilemmas students may encounter in practice
• Finance in action' boxes, which provide practical advice from financial managers, exposing students to real financial decision-making
• Revision quizzes, which test key concepts
• Examples of financial statements build on students' understanding of accounting and develop financial literacy
• A glossary of key concepts in English and in Afrikaans at the end of each chapter

Financial Management is an entry-level textbook for students taking courses in financial management within a wide range of BCom degrees with a managerial decision-making orientation. The book is suitable for students following a management or a finance route rather than an Accounting route.
It covers the second and third year syllabi for financial management in a student friendly format and in clear and understandable way. The book is written by lecturers at a range of South African institutions, ensuring that the book only covers what is relevant to the way financial management is taught in South Africa. Wherever relevant the text will refer to South African business contexts and specific South African issues, and regulations such as the Third King Report on Corporate Governance.
Financial concepts are illustrated and applied through the examination of financial statements of South African companies as well as through the use of case studies. This enables students to analyse the solvency of companies and make informed decisions for the financial management of the company, while retaining a broader understanding of the financial environment globally and locally.

The young and rebellious Lumea tries to escape the restrictions imposed on her by her homeland by accepting an invitation to visit the legendary city of Hydrhaga. The rigid Elf Elion and his young friend Siard aspire to liberate their race from the slavery to which mankind condemned them, due to sins committed in the past. The quests of these three youngsters intertwine and together they set out to search the mysterious city of Hydrhaga, where dreams become reality. However - Hydrhaga doesn't turn out to be the paradise that was promised to them. It is a tool, the dream of a spirit who aims to accomplish his - in itself noble - goal at the expense of thousands of lives. As they flee from certain death, Lumea and her two companions find themselves compelled to adopt a position in the conflict that is about to erupt. Hydrhaga is a story about conflicting points of view friendship and the price of hatred. It is also the story of Lumea who is faced with many moral dilemmas. Her choices enable her to ultimately find her place in the world. But at what price? With this imaginative, skilful debut ten Tusscher positions herself as one of the top fantasy authors ... - Fantastiek about Kim's Lilith-trilogy Wonderful story that never bores, colorfully depicted with a lot of depth - Spentakel about Kim's Lilith-trilogy

It's a grey morning in the city of London, a predictable day for all ... but one. Amelia Gizzard discovers her twin sister has fallen victim to murder, leaving a daughter behind ... the young June Gizzard. Unable to come to terms not only her sister's death but also the behaviour of others around her, Amelia seeks answers