Contemporary Financial Management with Student Resource CD ROM

by Moyer, R. Charles; McGuigan, James R.; Kretlow, William J.

• ISBN13: 9780324065916
• ISBN10: 0324065914
• Edition: CD
• Format: Hardcover
• Copyright: 2000-04-12
• Publisher: South-Western College Pub

Summary

The eighth edition of this successful text provides a comprehensive and contemporary introduction to financial management, focusing on shareholder wealth maximization and cash flow management, the international aspects of financial management, the ethical behavior of managers, and the increased impact of the Internet in business practice. In addition, content has been added or enhanced to reflect the changing focus on finance areas including topics such as discounted payback period, dividend practices of foreign firms, risk management, and real options.

Author Biography

R. Charles Moyer holds the Integon Chair in Finance and is Dean of the Babcock Graduate School of Management, Wake Forest University James R. Mcguigan owns and operates his own numismatic investment firm William J. Kretlow is an Associate Professor of Finance at the University of Houston

Table of Contents

PART I Introduction	1	(122)
The Role and Objective of Financial Management	2	(31)
The Domestic and International Financial Marketplace	33	(36)
Appendix 2A: Taxes	63	(6)
Evaluation of Financial Performance	69	(54)
PART II Determinants of Valuation	123	(174)
The Time Value of Money	124	(47)
Appendix 4A: Continuous Compounding and Discounting	168	(3)
Analysis of Risk and Return	171	(47)
Fixed-Income Securities: Characteristics and Valuation	218	(44)
Appendix 6A: Bond Refunding Analysis	257	(5)
Common Stock: Characteristics, Valuation, and Issuance	262	(35)
PART III The Capital Investment Decision	297	(114)
Capital Budgeting and Cash Flow Analysis	298	(39)
Appendix 8A: Depreciation	330	(7)
Capital Budgeting: Decision Criteria and Real Option Considerations	337	(44)
Appendix 9A: Mutually Exclusive Investments Having Unequal Lives	376	(5)
Capital Budgeting and Risk	381	(30)
PART IV The Cost of Capital, Capital Structure, and Dividend Policy	411	(140)
The Cost of Capital	412	(38)
Capital Structure Concepts	450	(30)
Capital Structure Management in Practice	480	(36)
Dividend Policy	516	(35)
PART V Working Capital Management and Financial Forecasting	551	(158)
Financial Forecasting and Working Capital Policy	552	(43)
The Management of Cash and Marketable Securities	595	(32)
Management of Accounts Receivable and Inventories	627	(37)
Short-and Intermediate-Term Funding Alternatives	664	(45)
PART VI Advanced Topics in Contemporary Financial Management	709
Lease Financing	710	(22)
Financing with Derivatives	732	(26)
International Financial Management	758	(22)
Corporate Restructuring	780
Tables	1	(1)
Glossary	1	(1)
Check Answers to Selected Problems	1	(1)
Financial Challenge Photo Credits	1	(1)
Index	1