Finance: Applications and Theory

PART ONE: INTRODUCTION
1 Introduction to Financial Management

PART TWO: FINANCIAL STATEMENTS
2 Reviewing Financial Statements
Appendix 2A: Various Formats for Financial Statements (available in Connect)
3 Analyzing Financial Statements

PART THREE: VALUING OF FUTURE CASH FLOWS 118
4 Time Value of Money 1: Analyzing Single Cash Flows
5 Time Value of Money 2: Analyzing Annuity Cash Flows

PART FOUR: VALUING OF BONDS AND STOCKS 188
6 Understanding Financial Markets and Institutions
Appendix 6A: The Financial Crisis: The Failure of Financial Institution Specialness (available in Connect)
7 Valuing Bonds
8 Valuing Stocks

PART FIVE: RISK AND RETURN
9 Characterizing Risk and Return
10 Estimating Risk and Return

PART SIX: CAPITAL BUDGETING
11 Calculating the Cost of Capital
12 Estimating Cash Flows on Capital Budgeting Projects
Appendix 12A: MACRS Depreciation Tables
13 Weighing Net Present Value and Other Capital Budgeting Criteria

PART SEVEN: WORKING CAPITAL MANAGEMENT AND FINANCIAL PLANNING
14 Working Capital Management and Policies
Appendix 14A: The Cash Budget
15 Financial Planning and Forecasting

PART EIGHT: CAPITAL STRUCTURE ISSUES
16 Assessing Long-Term Debt, Equity, and Capital Structure
17 Sharing Firm Wealth: Dividends, Share Repurchases, and Other Payouts
18 Issuing Capital and the Investment Banking Process

PART NINE: OTHER TOPICS IN FINANCE
19 International Corporate Finance
20 Mergers and Acquisitions and Financial Distress