Contents: The Scope and environment of financial management -- An Introduction to the foundations of financial management-the ties that bind -- The Financial markets and interest rates -- Understanding financial statements and cash flows -- Evaluating a firm's financial performance -- Valuation of financial assets -- The Time value of money -- The Meaning and measurement of risk and return -- Valuation and characteristics of bonds -- Valuation and characteristics of stock -- Investment in long-term assets -- Capital-budgeting techniques and practice -- Cash flows and other topics in capital budgeting -- Cost of capital -- Capital structure and dividend policy -- Determining the financing mix -- Dividend policy and internal financing -- Working-capital management and international business finance -- Short-term financial planning -- Working-capital management -- Current asset management -- International business finance -- Appendix A: using a calculator -- Appendix B: compound sum of $1 - FVIF i%, n years -- Appendix C: present value of $1 - PVIF i%, n years -- Appendix D: sum of an annuity of $1 for n periods - FVIFA i%, n years -- Appendix E: present value of an annuity of $1 for n periods - PVIFA i%, n years -- Appendix F: check figures for selected end-of-chapter study problems.