Fundamentals of Financial Management

I. INTRODUCTION TO FINANCIAL MANAGEMENT. 1. The Role of Financial Management. 2. The Business, Tax, and Financial Environments. II. VALUATION. 3. The Time Value of Money. 4. The Valuation of Long-Term Securities. 5. Risk and Return. III. TOOLS OF FINANCIAL ANALYSIS AND PLANNING. 6. Financial Statement Analysis. 7. Funds Analysis, Cash-Flow Analysis, and Financial Planning. IV. WORKING CAPITAL MANAGEMENT. 8. Overview of Working Capital Management. 9. Cash and Marketable Securities Management. 10. Accounts Receivable and Inventory Management. 11. Short-Term Financing. V. INVESTMENT IN CAPITAL ASSETS. 12. Capital Budgeting and Estimating Cash Flows. 13. Capital Budgeting Techniques. 14. Risk and Managerial Options in Capital Budgeting. VI. THE COST OF CAPITAL, CAPITAL STRUCTURE, AND DIVIDEND POLICY. 15. Required Returns and the Cost of Capital. 16. Operating and Financial Leverage. 17. Capital Structure Determination. 18. Dividend Policy. VII. INTERMEDIATE AND LONG-TERM FINANCING. 19. The Capital Market. 20. Long-Term Debt, Preferred Stock, and Common Stock. 21. Term Loans and Leases. VIII. SPECIAL AREAS OF FINANCIAL MANAGEMENT. 22. Convertibles, Exchangeables, and Warrants. 23. Mergers and Other Forms of Corporate Restructuring. 24. International Financial Management. Appendices. Glossary. Index.