About the book

Students often struggle to see how financial concepts relate to their personal lives and prospective careers. Financial Management: Principles and Applications gives students a big picture perspective of finance and how it is important in their personal and professional lives. Utilizing five key principles, the 13th Edition provides an approachable introduction to financial decision-making, weaving in real world issues to demonstrate the practical applications of critical financial concepts.

Contents:

Part 1: Introduction to Financial Management

1. Getting Started—Principles of Finance

2. Firms and the Financial Markets

3. Understanding Financial Statements

4. Financial Analysis—Sizing Up Firm Performance

Part 2: Valuation of Financial Assets

5. The Time Value of Money—The Basics

6. The Time Value of Money—Annuities and Other Topics

7. An Introduction to Risk and Return—History of Financial Market Returns

8. Risk and Return—Capital Market Theory

9. Debt Valuation and Interest Rates

10. Stock Valuation

Part 3: Capital Budgeting

11. Investment Decision Criteria

12. Analyzing Project Cash Flows

13. Risk Analysis and Project Evaluation

14. The Cost of Capital

Part 4: Capital Structure and Dividend Policy

15. Capital Structure Policy

16. Dividend and Share Repurchase Policy
Part 5: Liquidity Management and Special Topics in Finance

17. Financial Forecasting and Planning

18. Working-Capital Management

19. International Business Finance

20. Corporate Risk Management