Includes bibliographical references and index.

1. The role of financial management -- 2. The business, tax, and financial environments -- 3. The time value of money -- 4. The valuation of long-term securities -- 5. Risk and return -- 6. Financial statement analysis -- 7. Funds analysis, cash-flow analysis, and financial planning -- 8. Overview of working capital management -- 9. Cash and marketable securities management -- 10. Accounts receivable and inventory management -- 11. Short-term financing -- 12. Capital budgeting and estimating cash flows -- 13. Capital budgeting techniques -- 14. Risk and managerial (real) options in capital budgeting -- 15. Required returns and the cost of capital -- 16. Operating and financial leverage -- 17. Capital structure determination -- 18. Dividend policy -- 19. The capital market -- 20. Long-term debt, preferred stock, and common stock -- 21. Term loans and leases -- 22. Convertibles, exchangeables, and warrants -- 23. Mergers and other forms of corporate restructuring -- 24. International financial management.