Foundations of Financial Management

Part 1 Introduction: the goals and functions of financial management. Part 2 Financial analysis and planning: review of accounting; financial analysis; financial forecasting; operating and financial leverage. Part 3 Working capital management: working capital and the financing decision; current asset management; sources of short-term financing. Part 4 The capital budgeting process; the time value of money; valuation and rates of return; cost of capital; the capital budgeting decision; risk and capital budgeting. Part 5 Long-term financing: capital markets; investment banking - public and private placement; long-term debt and lease financing; common and preferred stock financing; dividend policy and retained earnings; convertible and derivative securities. Part 6 Expanding the perspective of corporate finance: external growth through mergers; international financial management.