Description
Book SynopsisJames 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.
Table of 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
