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| Introduction to Foundations of Financial Management The Ties that Bind | |
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| Goal of the Firm | |
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| Legal Forms of Business Organizations | |
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| Federal Income Taxation | |
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| Nine Axioms that form the Foundations of Financial Management | |
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| Overview of the Text | |
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| The Financial Markets and Interest Rates | |
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| The Mix of Corporate Securities Sold in the Capital Market | |
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| Why Financial Markets Exist | |
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| Financing of Business: The Movement of Funds Through the Economy | |
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| Components of the U.S. Financial Market System | |
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| The Investment Banker | |
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| Private Placements | |
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| Flotations Cost | |
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| Regulation | |
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| More Recent Regulatory Developments | |
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| Rates of Return in the Financial Markets | |
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| Interest Rate Determinants in a Nutshell | |
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| The Term Structure of Interest Rates | |
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| Evaluating a Firm's Financial Performance and Measuring Cash Flow | |
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| Basic Financial Statements | |
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| Financial Ratio Analysis | |
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| Financial Forecasting, Planning, and Budgeting | |
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| Financial Forecasting | |
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| Financial Planning and Budgeting | |
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| Computerized Financial Planning | |
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| The Time Value of Money | |
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| Compound Interest | |
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| Compound Interest with Non-Annual Periods | |
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| Present Value | |
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| Annuities | |
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| Amortized Loans | |
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| Present Value of an Uneven Stream | |
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| Perpetuities | |
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| Valuation and Characteristics of Bonds | |
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| Definitions of Value | |
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| Valuatiion: An Overview | |
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| Valuation: The Basic Process | |
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| Terminology and Characteristics of Bonds | |
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| Typed of Bonds | |
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| Bond Valuation | |
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| Bondholder's Expected Rates of Return | |
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| Bond Valuation: Three Important Relationships | |
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| Valuation and Characteristics of Stock | |
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| Preferred Stock | |
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| Common Stock | |
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| Stockholder's Expected Rate of Return | |
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| The Meaning and Measurement of Risk and Return | |
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| Expected Return | |
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| Risk | |
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| The Investor's Required Rate of Return | |
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| Fama and French: What Now? Rates of Return: The Investor's Experience | |
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| Capital-Budgeting Techniques and Practice | |
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| Finding Profitable Projects | |
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| Capital-Budgeting Decision Criteria | |
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| Capital Rationing | |
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| Ethics in Capital Budgeting | |
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| A Glance at Actual Capital- Budgeting Practices | |
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| Cash Flows and Other Topics in Capital Budgeting | |
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| Guidelines for Capital Budgeting | |
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| Measuring a Project's Benefits and Costs | |
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| Risk and the Investment Decision | |
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| Methods for Incorporating Risk into Capital Budgeting | |
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| The Risk-Adjusted Discount Rate and Measurement of a Project's Systematic Risk | |
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| Examining a Project's Risk Through Simulation | |
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| Cost of Capital | |
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| The Cost-of-Capital Concept | |
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| Factors Determining the Cost-of-Capital Sources | |
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| Assumptions of the Weighted Cost-of-Capital Model | |
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| Computing the Weighted Cost of Capital | |
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| Marginal Cost of Capital: A Comprehensive Example | |
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| A Firm's Cost of Capital: Recent Evidence | |
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| Determining the Financing Mix | |
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| Business and Financial Risk | |
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| Breakeven Analysis | |
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| Operating Leverage | |
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| Financial Leverage | |
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| Combinination of Operating and Financial Leverage | |
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| A Quick Look at Capital Structure Theory | |
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| Basic Tools of Capital Structure Management | |
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| A Glance at Actual Capital Structure Management | |
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| Dividend Policy and Internal Financing | |
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| Key Terms | |
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| Does Dividend Policy Affect Stock Prices? The Dividend Decision in Practice | |
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| Dividend Payment Procedures | |
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| Stock Dividends and Stock Splits | |
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| Stock Repurchases | |
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| Introduction to Working-Capital Management | |
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| Managing Current Assets and Liabilities | |
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| Appropriate Level of Working Capital | |
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| Estimation of the Cost of Short-Term Credit | |
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| Sources of Short-Term Credit | |
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| Liquid Asset Management | |
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| Why a Company Holds Cash | |
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| Cash Management Objectives and Decisions | |
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| Collection and Disbursement Procedures | |
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| Evaluation of Costs of Cash-Management Services | |
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| Composition of Marketable Securities Portfolio | |
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| Accounts Receivable Management | |
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| Inventory Management | |
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| Jus-in-Time Inventory Control | |
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| International Business Finance | |
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| Principles of International Trade | |
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| Problems in International Financial Management | |
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| Changes and Challenges In Finance | |
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| Recent Innovations in Risk Management | |
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| Finance in the 90's: The Consequences of Financial Innovation in Corporated Restructuring | |
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| Recent Innovations in Raising Capital: Hybrid Securities | |
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| The Agency Problem: Changes and Challenges | |
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| The CAPM and Market Efficiency: The Challenges from Academia | |
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| Appendices: Using a Calculator | |
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| Compound Sum of $1 | |
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| Present Value of $1 | |
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| Sum of an Annuity of $1 for n Periods | |
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| Present Value of an Annuity of $1 for n Periods | |
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| Check Figures for Selected End-of-Chapter Problems | |
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| Glossary | |
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| Index | |