Van Horne Fundamentals of Financial Management

by Van Horne, J.; Van Horne, J.; Wachowicz, John M

• ISBN13: 9780273713630
• ISBN10: 0273713639
• Edition: 13th
• Format: Paperback
• Copyright: 2008-11-04
• Publisher: Pearson

Summary

A practical introduction to understanding the Financial Management of companies in today's rapidly changing business world. This book is particularly well-suited to introductory courses in financial management, for a professional qualification and as a reference for practitioners.

Author Biography

James C. Van Horne,Professor of Banking and Finance at Stanford University. Also the author of Financial Management and Policy, a Pearson Education text.

John Wachowicz, Jr.,Professor of Finance at The University of Tennessee.

 

Table of Contents

Introduction To Financial Management

The Role of Financial Management

The Business, Tax and Financial Environments

Valuation

The Time Value of Money

The Valuation of Long-Term Securities

Risk and Return Appendix A: Measuring Portfolio Risk Appendix B: Arbitrage Pricing Theory

Tools Of Financial Analysis And Planning

Financial Statement Analysis Appendix: Deferred Taxes and Financial Analysis

Funds Analysis, Cash-Flow Analysis, and Financial Planning Appendix: Sustainable Growth Modeling

Working Capital Management

Overview of Working Capital Management

Cash and Marketable Securities Management

Accounts Receivable and Inventory Management

Short-Term Financing

Investment In Capital Assets

Capital Budgeting and Estimating Cash Flows

Capital Budgeting Techniques Appendix A: Multiple Internal Rates of Return Appendix B: Replacement Chain Analysis

Risk and Managerial Options in Capital Budgeting

The Cost Of Capital, Capital Structure, And Dividend Policy

Required Returns and the Cost of Capital Appendix A: Adjusting the Beta for Financial Leverage Appendix B: Adjusted Present Value

Operating and Financial Leverage

Capital Structure Determination

Dividend Policy

Intermediate And Long-Term Financing

The Capital Market

Long-Term Debt, Preferred Stock, and Common Stock Appendix: Refunding A Bond Issue

Term Loans and Leases Appendix: Accounting Treatment of Leases

Special Areas Of Financial Management

Convertibles, Exchangeables, and Warrants Appendix: Option Pricing

Mergers and Other Forms of Corporate Restructuring Appendix: Remedies for a Failing Company

International Financial Management

Table of Contents provided by Publisher. All Rights Reserved.