This 10th ed. provides the theory you need with the practice you want. With its exciting integration of the Harley-Davidson company theme, this text continues to provide a solid, enduring foundation of the tools of modern theory in practice while at the same time developing the logic behind their use. This text uses 10 Principles of Finance as a unifying framework to tie the major concepts of the book together.



Table of Contents

I. THE SCOPE AND ENVIRONMENT OF FINANCIAL MANAGEMENT.



1. An Introduction to Financial Management.

2. Understanding Financial Statements, Taxes, and Cash Flows.

3. Evaluating a Firms Financial Performance.

4. Financial Forecasting, Planning, and Budgeting.

II. VALUATION OF FINANCIAL ASSETS.

5. The Time Value of Money.

6. Risk and Rates of Return.

7. Valuation and Characteristics of Bonds.

8. Stock Valuation.

III. INVESTMENT IN LONG-TERM ASSETS.

9. Capital-Budgeting Decision Criteria.

10. Cash Flows and Other Topics in Capital Budgeting.

11. Capital Budgeting and Risk Analysis.

12. Cost of Capital,

13. Managing for Shareholder Value.



IV. CAPITAL STRUCTURE AND DIVIDEND POLICY.

14. Raising Capital in the Financial Markets.

15. Analysis and Impact of Leverage.

16. Planning the Firms Financing Mix.

17. Dividend Policy and Internal Financing.

V. WORKING-CAPITAL MANAGEMENT AND SPECIAL TOPICS IN FINANCE.

18. Working-Capital Management and Short-Term Financing.

19. Cash and Marketable Securities Management.

20. Accounts Receivable and Inventory Management.

VI. SPECIAL TOPICS IN FINANCE.

21. Risk Management.

22. International Business Finance.

23. Web Chapter: Corporate Restructuring: Combinations and Divestures.

24. Web Chapter: Term Loans and Leases.



*Chapter 23 and 24 can be found at www.prenhall.com/keown