1. Introduction to Financial Management
2. Financial Statement Analysis
2.1 Ratio Analysis
2.2 DuPont Framework
2.3 Benchmarking
2.4 Limitation of Financial Ratios
2.5 Common-size Financial Statements
Case Study
Solved Examples
Practice Exercise
Chapter Summary
3. Cost of Capital
3.1 Cost of Debt (kd)
3.2 Cost of Preferred Stock (kp)
3.3 Cost of Retained Earnings (ks)
3.4 Cost of New Common Stock (ke)
3.5 Weighted Average Cost of Capital (WACC)
Solved Examples
Practice Exercise
Chapter Summary
4. Capital Budgeting
4.1 Free Cash Flow
4.2 Timing of Cash Flows
4.3 Estimating Cash Flows over Life of Project
4.4 Payback Period
4.5 Discounted Payback Period
4.6 Net Present Value (NPV)
4.7 Internal Rate of Return (IRR)
4.8 Modified Internal Rate of Return (MIRR)
4.9 Usage of Capital Budgeting Methods
Case Study
Solved Examples
Practice Exercise
Chapter Summary
5. Working Capital Management
5.1 Cash Conversion Cycle
5.2 Current Asset Investment Policies
5.3 Current Asset Financing Approaches
5.4 Short-Term Financing Options
Case Study
Solved Examples
Practice Exercise
Chapter Summary
6. Capital Structure
6.1 Debt
6.2 Optimal Capital Structure
6.3 Capital Structure Theories
Solved Examples
Practice Exercise
Chapter Summary
7. Distribution to Shareholders
7.1 Factors in setting Dividend Distribution Policy
7.2 Residual Dividend Model
7.3 Dividend Payment Procedures
7.4 Dividend Reinvestment Plan (DRIP)
7.5 Stock Splits and Stock Dividends
7.6 Stock Repurchases
Solved Examples
Practice Exercise
Chapter Summary
8. Forecasting Financial Statements
8.1 Step 1 – Forecast Sales
8.2 Step 2 – Forecast Income Statement
8.3 Step 3 – Forecast Balance Sheet – 1st Pass
8.4 Step 4 – Raising Additional Funds Needed (AFN)
8.5 Step 5 – Forecast Balance Sheet – 2nd Pass
8.6 AFN Formula
Case Study
Solved Examples
Practice Exercises
Chapter Summary
9. International Finance
9.1 Exchange rates
9.2 Purchasing Power Parity and Interest Rate Parity
Solved Examples
Practice Exercise
Chapter Summary
Glossary