Financial Management : Theory and Practice

by Eugene F. Brigham; Louis C. Gapenski; Michael C. Ehrhardt

• ISBN13: 9780030243998
• ISBN10: 0030243998
• Format: Hardcover
• Copyright: 1999-01-01
• Publisher: South-Western College Pub

Summary

Written for and praised by students just like you, FINANCIAL MANAGEMENT: THEORY AND PRACTICE gives you relevant, practical, and easy-to-understand information covering all of the financial management topics you need to succeed in this course. Underlying theory is presented first in an accessible style and then followed by the practical application.

Table of Contents

Preface	vii
PART I Introduction to Financial Management	1	(154)
An Overview of Financial Management	3	(28)
Financial Statements, Cash Flow, and Taxes	31	(40)
Analysis of Financial Statements	71	(42)
Extensions	109	(4)
The Financial Environment: Markets, Institutions, and Interest Rates	113	(42)
PART II Fundamental Concepts	155	(128)
Risk and Return: The Basics	157	(44)
Risk and Return: Extensions	201	(34)
Extensions	231	(4)
Time Value of Money	235	(48)
Extensions	282	(1)
PART III Securities and Their Valuation	283	(88)
Bonds and Their Valuation	285	(38)
Stocks and Their Valuation	323	(48)
PART IV Strategic Investment Decisions	371	(168)
The Cost of Capital	373	(48)
Extensions	405	(16)
The Basics of Capital Budgeting	421	(38)
Cash Flow Estimation and Other Topics in Capital Budgeting	459	(36)
Risk Analysis and Real Options	495	(44)
Extensions	534	(5)
PART V Strategic Financing Decisions	539	(156)
Long-Term Financial Planning	541	(38)
Capital Structure Decisions: The Basics	579	(42)
Capital Structure Decisions: Extensions	621	(38)
Distribution to Shareholders: Dividends and Repurchases	659	(36)
PART VI Tactical Financing Decisions	695	(2)
Issuing Securities, Refunding Operations, and Other Topics	697	(92)
Lease Financing	735	(28)
Extensions	759	(4)
Hybrid Financing: Preferred Stock, Warrants, and Convertibles	763	(26)
Extensions	786	(3)
PART VII Working Capital Management	789	(116)
Current Asset Management	791	(44)
Short-Term Financing	835	(32)
Extensions	862	(5)
Working Capital Management: Extensions	867	(38)
PART VIII Special Topics	905	(2)
Derivatives and Risk Management	907	(37)
Extensions	944	(7)
Bankruptcy, Reorganization, and Liquidation	951	(27)
Extensions	978	(7)
Mergers, Lbos, Divestitures, and Holding Companies	985	(42)
Multinational Financial Management	1027	(32)
Pension Plan Management	1059
APPENDIXES
Appendix A Mathematical Tables	A-1
Appendix B Solutions to Self-Test Problems	A-11
Appendix C Answers to End-of-Chapter Problems	A-45
Appendix D Selected Equations and Data	A-53
Index	A-65