Fundamentals of Financial Management, Concise 7th Edition

by Brigham, Eugene F.; Houston, Joel F.

• ISBN13: 9780538477116
• ISBN10: 0538477113
• Edition: 7th
• Format: Hardcover
• Copyright: 2011-01-26
• Publisher: South-Western College Pub

Summary

Give your students a focused understanding of today's corporate finance and financial management with the latest concise approach from the market-leading author team that has set the standard for quality, reliability, accuracy, and innovation. Brigham/Houston's new FUNDAMENTALS OF FINANCIAL MANAGEMENT, CONCISE EDITION, 7E provides a unique balance of clear concepts, contemporary theory, and practical applications with early coverage of Time Value of Money (TVM) and an emphasis on the concept of valuation throughout This edition's emphasis on the basics helps students understand the concepts and reasons behind corporate budgeting, financing, and working capital decision making. Numerous practical examples, proven end-of-chapter applications, and Integrated Cases demonstrate theory in action, while Excelr Spreadsheet Models help students master this important finance tool.A comprehensive support package --prepared by the text authors -- connects closely with the book to reduce preparation time and reinforce students understanding. You can engage your students with Thomson One Business School Edition, the same financial online database professionals use every day; today's leading online homework solution, Aplia'„¢ for Finance; or CengageNOW course management system. Trust the strengths and support found in FUNDAMENTALS OF FINANCIAL MANAGEMENT, CONCISE EDITION, 7E to put you and your students First in Finance today.

Table of Contents

Introduction to Financial Management

An Overview of Financial Management

Financial Markets and Institutions

Fundamental Concepts in Financial Management

Financial Statements, Cash Flow, and Taxes

Analysis of Financial Statements

Common Size and Percent Change Analyses

Time Value of Money

Continuous Compounding and Discounting

Growing Annuities

Financial Assets

Interest Rates

Bonds and Their Valuation

Zero Coupon Bonds

Bond Risk and Duration

Bankruptcy and Reorganization

Risk and Rates of Return

Calculating Beta Coefficients

Stocks and Their Valuation

Stock Market Equilibrium

Investing in Long-Term Assets: Capital Budgeting

The Cost of Capital

The Cost of New Common Stock and WACC

The Basics of Capital Budgeting

Cash Flow Estimation and Risk Analysis

Tax Depreciation

Refunding Operations

Using the CAPM to Estimate the Risk-Adjusted Cost of Capital

Techniques for Measuring Beta Risk

Comparing Mutually Exclusive Projects with Unequal Lives

Real Options: Investment Timing, Growth, and Flexibility

Capital Structure and Dividend Policy

Capital Structure and Leverage

Degree of Leverage

Distributions to Shareholders: Dividends and Share Repurchases

An Example: The Residual Dividend Model

Working Capital Management, Forecasting, and Multinational Financial Management

Working Capital Management

Inventory Management

Short-Term Loans and Bank Financing

Financial Planning and Forecasting

Forecasting Financial Requirements When Financial Ratios Change

Multinational Financial Management

Solutions to Self-Test Questions and Problems

Answers to Selected End-of-Chapter Problems

Selected Equations and Tables

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