Financial Management: Principles and Applications

This text provides an introduction to financial decision-making that links the concepts to four key principles of finance.
Getting Started€"Principles of Finance; Firms and the Financial Market; Understanding Financial Statements, Taxes, and Cash Flows; Financial Analysis: Sizing Up Firm Performance; Time Value of Money €“ The Basics; Time Value of Money €“ Multiple Cash Flows and Annuities; An Introduction to Risk and Return€"History of Financial Market Returns; Risk and Return€"Capital Market Theory; Debt Valuation and Interest Rates; Stock Valuation; Investment Decision Criteria; Forecasting Project Cash Flows; Risk Analysis of Project Cash Flows; The Cost of Capital; Capital Structure Policy; Dividend Policy; Financial Forecasting and Planning; Working Capital Management; International Finance; Corporate Risk Management
For an enduring understanding of the basic tools and fundamental principles upon which finance is based.