PART I. INTRODUCTION TO MANAGERIAL FINANCE. 1. An Overview of Managerial Finance. 2. The Financial Environment: Markets, Institutions, Interest Rates, and Taxes. PART II. ESSENTIAL CONCEPTS IN MANAGERIAL FINANCE. 3. The Time Value of Money. 4. Risk and Rates of Return. 5. Valuation. PART III. CAPITAL BUDGETING. 6. Capital Budgeting Techniques. 7. Project Cash Flows and Risk. PART IV. COST OF CAPITAL, LEVERAGE, AND DIVIDEND POLICY. 8. The Cost of Capital. 9. Capital Structure. 10. Dividend Policy. PART V. FORECASTING, PLANNING, AND CONTROL. 11. Analysis of Financial Statements. 12. Financial Planning and Control. PART VI. WORKING CAPITAL MANAGEMENT. 13. Working Capital Policy. 14. Managing Short-Term Assets. 15. Managing Short-Term Liabilities (Financing). PART VII. STRATEGIC LONG-TERM FINANCING DECISIONS. 16. Common Stock and the Investment Banking Process. 17. Long-Term Debt. 18. Alternative Financing Arrangements and Corporate Restructuring.