Financial Management Education财务管理教育.pptVIP

Chapter 2The Domestic and International Finance Marketplace ?1998 South-Western College Publishing Finance Decisions Affecting SWM Form of business organization Types of financing Investment projects ?1998 South-Western College Publishing Slide 2 All based on after-tax cash flow Implication of Income Taxes for Financial Managers 1. Capital structure policy Tax advantage of debt financing 2. Dividend policy Capital gains Vs Dividend policy 3. Capital budgeting After-tax CF抯 Depreciation Net present value 4. Leasing