Van Horne:Fundamentals of Financial Management

Description

Contents

PART ONE: INTRODUCTION TO FINANCIAL MANAGEMENT
1. The Role of Financial Management
2. The Business, Tax and Financial Environments
PART TWO: VALUATION
3. The Time Value of Money
4. The Valuation of Long-Term Securities
5. Risk and Return
Appendix A: Measuring Portfolio Risk
Appendix B: Arbitrage Pricing Theory
PART THREE: TOOLS OF FINANCIAL ANALYSIS AND PLANNING
6. Financial Statement Analysis
Appendix: Deferred Taxes and Financial Analysis
7. Funds Analysis, Cash-Flow Analysis, and Financial Planning
Appendix: Sustainable Growth Modeling
PART FOUR: 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
PART FIVE: INVESTMENT IN CAPITAL ASSETS
12. Capital Budgeting and Estimating Cash Flows
13. Capital Budgeting Techniques
Appendix A: Multiple Internal Rates of Return
Appendix B: Replacement Chain Analysis
14. Risk and Managerial Options in Capital Budgeting
PART SIX: THE COST OF CAPITAL, CAPITAL STRUCTURE, AND DIVIDEND POLICY
15. Required Returns and the Cost of Capital
Appendix A: Adjusting the Beta for Financial Leverage
Appendix B: Adjusted Present Value
16. Operating and Financial Leverage
17. Capital Structure Determination
18. Dividend Policy
PART SEVEN: INTERMEDIATE AND LONG-TERM FINANCING
19. The Capital Market
20. Long-Term Debt, Preferred Stock, and Common Stock
Appendix: Refunding A Bond Issue
21. Term Loans and Leases
Appendix: Accounting Treatment of Leases
PART EIGHT: SPECIAL AREAS OF FINANCIAL MANAGEMENT
22. Convertibles, Exchangeables, and Warrants
Appendix: Option Pricing
23. Mergers and Other Forms of Corporate Restructuring
Appendix: Remedies for a Failing Company
24. International Financial Management

Features

• Covers the 3 key areas of financial management decisions: investment, financing and asset management
• New! Additional coverage of short term financing and overdrafts, Corporate Social Responsibility and binomial real options.
• New! Expanded Chapter 9 Cash and Marketable Securities Management
• New! Coverage of Islamic Finance

For Lecturers

• New for this edition, Powerpoint slides for each chapter integrating and demonstrating how excel can be used to help solve calculations.
• Extensive Instructor’s manual including answers to questions, solutions to problems and solutions to self-correction problems.
• Testbank of additional question material

For students

• Multiple choice, true/false and essay questions to test your understanding PowerPoint presentations for each chapter to remind you of key concepts  
• An online glossary to explain key terms and flash cards to test your knowledge of key terms and definitions in each chapter
• Excel templates for end of chapter problems to help you model a spread sheet approach to solving the problem

Author

James C. Van Horne,Professor of Banking and Finance at Stanford University. Also the author of Financial Management and Policy, a Pearson Education text.

John Wachowicz, Jr.,Professor of Finance at The University of Tennessee.