Table of Contents
Pt. 1 Introduction
1 The Goals and Functions of Financial Management 5
Pt. 2 Financial Analysis and Planning
2 Review of Accounting 22
3 Financial Analysis 51
4 Financial Forecasting 81
5 Operating and Financial Leverage 107
Pt. 3 Working Capital Management
6 Working Capital and the Financing Decision 137
7 Current Asset Management 169
8 Sources of Short-Term Financing 201
Pt. 4 The Capital Budgeting Process
9 The Time Value of Money 231
10 Valuation and Rates of Return 261
11 Cost of Capital 297
12 The Capital Budgeting Decision 345
13 Risk and Capital Budgeting 381
Pt. 5 Long-Term Financing
14 Capital Markets 415
15 Investment Banking: Public and Private Placement 439
16 Long-Term Debt and Lease Financing 465
17 Common and Preferred Stock Financing 505
18 Dividend Policy and Retained Earnings 533
19 Convertibles and Warrants 559
Pt. 6 Expanding the Perspective of Corporate Finance
20 External Growth through Mergers 585
21 International Financial Management 619
Appendixes 655
Glossary 667
Index 687