CONTENTS:

PART 1: INTRODUCTION
1. Financial Management: Organization and Purpose

PART 2: APPRAISING INVESTMENT OPPORTUNITIES
2. Opportunity Costs and Discounted Cash Flow
3. Comparison of Capital Investment Appraisal Methods
4. Rates of Return: The pitfalls
5. Inflation and the Investment Decision
6. Cash Flow Analysis: Defining a Project and Its Benefits

PART 3: PROFITABILITY AND RISK
7. Shareholders’ Risk and Required Rates of Return
8. Capital project Risk and the Discount Rate
9. Divisional Forecasts and Performance Measurement

PART 4: VALUATION AND MERGERS
10. Dividend Policy and Valuation of the Firm
11. Efficiency of the Stock Market
12. Acquisitions and Mergers

PART 5: FINANCIAL PLANNING
13. Financial Planning and Forecasting
14. Bank Lending and Borrowing Decision
15. Working Capital Management: Debtors
16. Working Capital Management: Stock

PART 6: FINANCING
17. Long-term Financing
18. Cost of Debt and Capital Structure
19. Debt Financing and Project Valuation
20. Leasing