Introduction
The Goals and Functions of Financial Management p. 5
Financial Analysis and Planning
Review of Accounting p. 22
Financial Analysis p. 51
Financial Forecasting p. 81
Operating and Financial Leverage p. 107
Working Capital Management
Working Capital and the Financing Decision p. 137
Current Asset Management p. 169
Sources of Short-Term Financing p. 201
The Capital Budgeting Process
The Time Value of Money p. 231
Valuation and Rates of Return p. 261
Cost of Capital p. 297
The Capital Budgeting Decision p. 345
Risk and Capital Budgeting p. 381
Long-Term Financing
Capital Markets p. 415
Investment Banking: Public and Private Placement p. 439
Long-Term Debt and Lease Financing p. 465
Common and Preferred Stock Financing p. 505
Dividend Policy and Retained Earnings p. 533
Convertibles and Warrants p. 559
Expanding the Perspective of Corporate Finance
External Growth through Mergers p. 585
International Financial Management p. 619
Appendixes p. 655
Glossary p. 667
Index p. 687