Fundamentals of Financial Management

by Eugene F. Brigham; Joel F. Houston

• ISBN13: 9780030244186
• ISBN10: 0030244188
• Format: Paperback
• Copyright: 1997-08-06
• Publisher: South-Western College Pub

Table of Contents

Preface	vii
PART I Introduction to Financial Management	1	(151)
An Overview of Financial Management	2	(28)
Financial Statements, Cash Flow, and Taxes	30	(38)
Analysis of Financial Statements	68	(40)
The Financial Environment: Markets, Institutions, and Interest Rates	108	(44)
PART II Fundamental Concepts in Financial Management	152	(100)
Risk and Rates of Return	154	(50)
Appendix 5A Calculating Beta Coefficients	199	(5)
Time Value of Money	204	(48)
Appendix 6A Continuous Compounding and Discounting	250	(2)
PART III Financial Analysis	252	(96)
Bonds and Their Valuation	254	(52)
Appendix 7A Zero Coupon Bonds	293	(4)
Appendix 7B Bankruptcy and Reorganization	297	(9)
Stocks and Their Valuation	306	(42)
PART IV Investing in Long-Term Assets: Capital Budgeting	348	(140)
The Cost of Capital	350	(36)
The Basics of Capital Budgeting	386	(36)
Cash Flow Estimation and Other Topics in Capital Budgeting	422	(36)
Appendix 11A Depreciation	448	(4)
Appendix 11B Refunding Operations	452	(6)
Risk Analysis and the Optimal Capital Budget	458	(30)
PART V Capital Structure and Dividend Policy	488	(92)
Capital Structure and Leverage	490	(50)
Appendix 13A Degree of Leverage	534	(6)
Dividend Policy	540	(40)
PART VI Financial Planning and Working Capital Management	580	(118)
Financial Forecasting	582	(30)
Managing Current Assets	612	(48)
Appendix 16A The Cash Conversion Cycle	656	(4)
Financing Current Assets	660	(38)
Appendix 17A Secured Short-Term Financing	691	(7)
PART VII Special Topics in Financial Management	698	(193)
Multinational Financial Management	700	(34)
Derivatives and Risk Management	734	(32)
Hybrid Financing: Preferred Stock, Leasing, Warrants, and Convertibles	766	(34)
Mergers, LBOs, Divestitures, and Holding Companies	800	(91)
Appendixes
Appendix A Mathematical Tables	839	(10)
Appendix B Solutions to Self-Test Problems	849	(27)
Appendix C Answers to End-of-Chapter Problems	876	(7)
Appendix D Selected Equations and Data	883	(8)
Index	891