Take your spreadsheet skills to a new level of proficiency! Giving you hands-on experience solving real financial problems, Mayes/Shank's FINANCIAL ANALYSIS WITH MICROSOFT® EXCEL® 2016, 8E, equips you with a solid foundation in corporate finance while helping you maximize the tools professionals use every day. Packed with examples, the text covers today's most important corporate finance topics, including financial statements, budgets, the Security Market Security Line, pro forma financial statements, cost of capital, VBA programming, and Pivot Tables. It also offers the latest on time series forecasting and the new Get & Transform feature (formerly known as Power Query), which helps you process large data files. A reader-friendly, self-directed learning approach and numerous study tools enable you to quickly build upon or transfer skills from other spreadsheet programs -- empowering you with the expertise today's employers want.
An all-new chapter focuses on using time series techniques for forecasting quarterly revenues.
Chapter 10, Bond Valuation, includes an excellent approximation for convexity as well as a user-defined function for calculating exact convexity on any date. The chapter also uses the new Get & Transform feature (formerly known as the Power Query add-in) to get yield curve data. Get & Transform is used extensively in Chapter 16, Analyzing Datasets with Tables and Pivot Tables, which details its powerful tools for processing data files.
Chapter 12, Capital Budgeting, now explains how to use an IF statement for calculating the payback period.
Chapter 13, Risk in Capital Budgeting, includes coverage of the new Histogram chart added to Excel® 2016.
The chapter on cash budgeting now comes after the chapter on financial ratios so that coverage of financial ratios immediately follows financial statements. This new chapter order provides a logical progression of concepts for students.
Every chapter includes all-new screen captures that showcase the features in Excel® 2016 as well as provide students with an example of what they will see when they use the program themselves.
EQUIP STUDENTS WITH BOTH BASIC SKILLS AND ADVANCED FINANCIAL TECHNIQUES FOR USING EXCEL® 2016. This proven, reader-friendly text introduces the fundamentals of using spreadsheets as well as more complex skills for using Excel® 2016 to build financial statements. After establishing a solid foundation, the book launches into more sophisticated techniques for performance evaluation, forecasting, valuation, and capital budgeting.
COMBINE COMPREHENSIVE FINANCE COVERAGE WITH ESSENTIAL SPREADSHEET SKILLS. Providing much more than a mere spreadsheet book or a text filled with spreadsheet templates, this trusted resource delivers all the advantages of a thorough finance text while empowering your students to effectively solve financial problems using Excel® 2016.
COVERAGE OF THE SOLVER, THE FORECAST SHEET, GET & TRANSFORM, AND PIVOT TABLES HELPS STUDENTS MAXIMIZE POWERFUL EXCEL® TOOLS. Give your students a thorough introduction to more advanced Excel® skills, such as using web queries to download and work with Internet data or using pivot tables for extracting, summarizing, and presenting data in readable form.