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Rating: 
Summary: Would have been good w/o the errors
Review: If you read a financial text w/o checking the numbers, you wouldn't find the mistakes. This book has had too many, because I am checking the numbers. I had to cross reference this book with a Financial Accounting text b/c I kept thinking I was incorrect. All I have to say is take a look at pages 100, 101, 102 for great examples of the many mistakes. I am not happy. By the way, I picked up this book from a friend in order to gauge whether I would buy the new version. Guess what I am not going to buy?
Rating:
Summary: Would have been good w/o the errors
Review: If you read a financial text w/o checking the numbers, you wouldn't find the mistakes. This book has had too many, because I am checking the numbers. I had to cross reference this book with a Financial Accounting text b/c I kept thinking I was incorrect. All I have to say is take a look at pages 100, 101, 102 for great examples of the many mistakes. I am not happy. By the way, I picked up this book from a friend in order to gauge whether I would buy the new version. Guess what I am not going to buy?
Rating: 
Summary: The most well-thought-out book of its kind!
Review: Professor Helfert's graphic presentations have caused concepts to gel that were amorphous in my mind for years despite an investment banking background. I would recommend this book as a first book to anyone interested in quickly obtaining a bird's eye view of the business entity from a "business systems" approach. Helfert's position is that of an engineer or a scientist: Every business has a structure that can be indentified, analyzed, and then manipulated to increase shareholder value. Every new issue refers back to the Investment, Operations, Financing structure Helfert lucidly charts out in the introductory chapter. If this is old hat to you, and you've read Corp. Fin. by Brealy & Meyers (sp?), maybe you don't need this book. All others: BUY IT!!!
Rating:
Summary: Don't try to learn anything from this book
Review: This may be a great book if you already know everything about finance. I've taken MBA level Finance courses, and quite honestly, I found this book difficult to understand. The author casually mentions financial concepts without defining them and expect you to understand complex financial theories he hasn't covered. I tried to do the questions at the end of each chapter, and while there is an answer guide, it does nothing to explain how the answer was derived. How you get the answer is the important part, but this text won't give you any assistance. Plus, some of the answers were just plain wrong (I checked with several experts). There are better texts out there - your time is better spent elsewhere.
Rating:
Summary: Don't try to learn anything from this book
Review: This may be a great book if you already know everything about finance. I've taken MBA level Finance courses, and quite honestly, I found this book difficult to understand. The author casually mentions financial concepts without defining them and expect you to understand complex financial theories he hasn't covered. I tried to do the questions at the end of each chapter, and while there is an answer guide, it does nothing to explain how the answer was derived. How you get the answer is the important part, but this text won't give you any assistance. Plus, some of the answers were just plain wrong (I checked with several experts). There are better texts out there - your time is better spent elsewhere.
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