Avoiding complicated formulas and using numerous spreadsheet examples, its pedagogy includes: more advanced information in chapter appendices for those who want to go beyond the basics; a detailed outline beginning each chapter; a summary concluding each chapter; and 'perspectives', real-world situations and events which illustrate concepts discussed in the chapters. Now completely updated, this book provides students with the practical, up-to-date tools they need to succeed in this dynamic field.

New to the Second Edition:

• Key terms and key equations listed at the end of each chapter; each set of key terms now becomes the first question for each chapter
  
• Expanded use of marginal definitions and key points
  
• Additional questions and problems for the chapters; where possible, problems are provided in pairs so that the first can be used as an example, and the second can become part of an assignment
  
• Updated perspectives throughout the text
  
• Instructor's Manual available on CD-ROM including all exhibits in PowerPoint and Excel, answers to all problems in PowerPoint and Excel, and working spreadsheet models of exhibits and selected problems for classroom use