Fundamentals of Financial Management

by James C. Van Horne; John M. Wachowicz

• ISBN13: 9780130189981
• ISBN10: 0130189987
• Edition: 11th
• Format: Hardcover
• Copyright: 2000-06-01
• Publisher: Prentice Hall Professional Technical Reference

Summary

Intended for an introductory course with a focus on recent theoretical and practical changes in financial management, this undergraduate text motivates students toward self-discovery and application. Updated institutional material, international in scope, effects of electronic commerce, outsourcing, the role of strategic alliances. New boxes, tips, Q&As, and special features. FinCoach is packaged free. Supported by an award winning website: >.

Table of Contents

PART I: INTRODUCTION TO FINANCIAL MANAGEMENT
The Role of Financial Management	1	(12)
The Business, Tax, and Financial Environments	13	(24)
PART II: VALUATION
The Time Value of Money	37	(32)
The Valuation of Long-Term Securities	69	(24)
Risk and Return	93	(32)
PART III: TOOLS OF FINANCIAL ANALYSIS AND PLANNING
Financial Statement Analysis	125	(44)
Funds Analysis, Cash-Flow Analysis, and Financial Planning	169	(40)
PART IV: WORKING CAPITAL MANAGEMENT
Overview of Working Capital Management	209	(16)
Cash and Marketable Securities Management	225	(28)
Accounts Receivable and Inventory Management	253	(34)
Short-Term Financing	287	(28)
PART V: INVESTMENT IN CAPITAL ASSETS
Capital Budgeting and Estimating Cash Flows	315	(18)
Capital Budgeting Techniques	333	(28)
Risk and Managerial Options in Capital Budgeting	361	(32)
PART VI: THE COST OF CAPITAL, CAPITAL STRUCTURE, AND DIVIDEND POLICY
Required Returns and the Cost of Capital	393	(40)
Operating and Financial Leverage	433	(34)
Capital Structure Determination	467	(24)
Dividend Policy	491	(32)
PART VII: INTERMEDIATE AND LONG-TERM FINANCING
The Capital Market	523	(22)
Long-Term Debt, Preferred Stock, and Common Stock	545	(26)
Term Loans and Leases	571	(26)
PART VIII: SPECIAL AREAS OF FINANCIAL MANAGEMENT
Convertibles, Exchangeables, and Warrants	597	(26)
Mergers and Other Forms of Corporate Restructuring	623	(44)
International Financial Management	667	(34)
Appendix	701	(10)
Glossary	711	(14)
Commonly Used Symbols	725	(2)
Index	727