PART ONE: INTRODUCTION TO FINANCIAL MANAGEMENT1. The Role of Financial Management2. The Business, Tax and Financial EnvironmentsPART TWO: VALUATION3. The Time Value of Money4. The Valuation of Long-Term Securities5. Risk and ReturnAppendix A: Measuring Portfolio RiskAppendix B: Arbitrage Pricing TheoryPART THREE: TOOLS OF FINANCIAL ANALYSIS AND PLANNING6. Financial Statement AnalysisAppendix: Deferred Taxes and Financial Analysis7. Funds Analysis, Cash-Flow Analysis, and Financial PlanningAppendix: Sustainable Growth ModelingPART FOUR: WORKING CAPITAL MANAGEMENT8. Overview of Working Capital Management9. Cash and Marketable Securities Management10. Accounts Receivable and Inventory Management11. Short-Term FinancingPART FIVE: INVESTMENT IN CAPITAL ASSETS12. Capital Budgeting and Estimating Cash Flows13. Capital Budgeting TechniquesAppendix A: Multiple Internal Rates of ReturnAppendix B: Replacement Chain Analysis14. Risk and Managerial Options in Capital BudgetingPART SIX: THE COST OF CAPITAL, CAPITAL STRUCTURE, AND DIVIDEND POLICY15. Required Returns and the Cost of CapitalAppendix A: Adjusting the Beta for Financial LeverageAppendix B: Adjusted Present Value16. Operating and Financial Leverage17. Capital Structure Determination18. Dividend PolicyPART SEVEN: INTERMEDIATE AND LONG-TERM FINANCING19. The Capital Market20. Long-Term Debt, Preferred Stock, and Common StockAppendix: Refunding A Bond Issue21. Term Loans and LeasesAppendix: Accounting Treatment of LeasesPART EIGHT: SPECIAL AREAS OF FINANCIAL MANAGEMENT22. Convertibles, Exchangeables, and WarrantsAppendix: Option Pricing23. Mergers and Other Forms of Corporate RestructuringAppendix: Remedies for a Failing Company24. International Financial Management
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.