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"A Practical Guide to Corporate Finance: Breaking the Financial Ice" by Christophe Thibierge and Andrew Beresford is a concise and accessible textbook designed to demystify corporate finance concepts for students and practitioners alike. The book emphasizes common sense over complex mathematical models, making it suitable for readers with varied backgrounds.
Key topics covered include financial statement analysis, cash flow estimation, capital budgeting, cost of capital, business valuation, stock market basics, and cash and risk management. The authors break down financial jargon and complex ideas through clear explanations, real-life applications, and case studies, labeled as "Slices of Life" and dialogues to enhance comprehension.
The book's practical approach equips readers to better understand how businesses manage finances, make investment decisions, and assess risk and profitability, providing a solid foundation for engaging with the financial aspects of corporate operations.
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