: Detailed sections on interest rates, bond and stock valuation, and the relationship between risk and the cost of capital.
| Feature | 14th Edition (Gitman/Zutter) | 15th Edition (Zutter/Smart) | | :--- | :--- | :--- | | | Basic screenshots | Integrated "Using Excel" tutorials with downloadable templates | | Coverage of COVID-19 | None | Extensive (supply chain disruptions, Fed policy) | | Smartbook Tech | No | Yes (adaptive reading experience) | | Problem Sets | ~20 per chapter | ~25 per chapter with new "Research" problems | | Authors | Gitman & Zutter | Zutter & Smart (Full transition) | principles of managerial finance 15th edition
This part addresses key financing policies, including leverage and capital structure, and decisions regarding dividend policy and share repurchases. : Detailed sections on interest rates, bond and
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Capital budgeting is arguably the most critical role of a financial manager. It answers the question: Which multi-million dollar projects should our company pursue?