Principles of Corporate Finance¶
Brealey, R. A., Myers, S. C., & Allen, F. (2020). Principles of Corporate Finance. McGraw-Hill.
Cited by¶
4 citations across 4 artifacts.
Each citation links to the sentence it supports in the citing article.
Primes¶
- Clearance Rate
- In finance, debt amortization and inventory turnover are clearance, and the liquidity question — can obligations clear faster than they arrive? — is a clearance-versus-input question.
This sourceTreats debt amortization and inventory turnover as outflow (clearance) processes and liquidity as the question of whether obligations can be cleared as fast as they fall due.
- In finance, debt amortization and inventory turnover are clearance, and the liquidity question — can obligations clear faster than they arrive? — is a clearance-versus-input question.
Mechanisms¶
- Finance / Accounting Unit Check
- Those five annual payments arrive in future dollars, so comparing their raw sum to today's licence price mixes nominal and present-value amounts.
This sourceExplains that future cash flows must be discounted before they can be compared with a present cost.
- Those five annual payments arrive in future dollars, so comparing their raw sum to today's licence price mixes nominal and present-value amounts.
- Net Present Value Model
- Read the sign, not just the size. The accept/reject signal is whether the discounted net clears zero;
This sourceDocuments whether the discounted net clears zero; the magnitude ranks competing options only when they are directly comparable.
- Read the sign, not just the size. The accept/reject signal is whether the discounted net clears zero;
- Payback and Break-Even Cross-Check
- Simple is more intuitive; discounted is stricter and honest about the time value the plain version ignores.
This sourceContrasts easily understood simple payback with the stricter discounted-payback rule, which corrects plain payback's neglect of the time value of money.
- Simple is more intuitive; discounted is stricter and honest about the time value the plain version ignores.
Verification¶
Does it exist? Not checked yet. This entry carries no identifier to resolve. It was extracted from the citation as written in the article, normalized, and deduplicated against the rest of the registry.
Does it back the claim? Not recorded. Neither this nor any other of the 4 citations of this work carries a recorded support check.
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Links previously used in the corpus¶
Before the registry existed this work was also linked 3 other ways.
- https://openlibrary.org/works/OL72078W ×1
- https://www.mheducation.com/highered/product/principles-corporate-finance-brealey-myers/M9781260565553.html ×1
- https://www.mheducation.com/unitas/highered/changes/brealey-principles-of-corporate-finance-13e.pdf ×1
Registry ID ref:69a70e8312f7 · see in the full table