Includes bibliographical references and index.

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.

People often struggle to see how financial concepts relate to their personal lives and prospective careers. Financial Management: Principles and Applications gives readers 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.

ACCY801