Financial management theory and practice

Table of Contents: 1: An Overview of Financial Management and the Financial Environment. Web Extensions. 1A: An Overview of Derivatives. 1B: A Closer Look at the Stock Markets. 2: Financial Statements, Cash Flow, and Taxes. Web Extensions. 2A: The Federal Income Tax System for Individuals. 3: Analysis of Financial Statements. 4: Time Value of Money. Web Extensions. 4A: The Tabular Approach. 4B: Derivation of Annuity Formulas. 4C: Continuous Compounding. 5: Bonds, Bond Valuation, and Interest Rates. Web Extensions. 5A: A Closer Look at Zero Coupon Bonds. 5B: A Closer Look at TIPS: Treasury Inflation-Protected Securities. 5C: A Closer Look at Bond Risk: Duration. 5D: The Pure Expectations Theory and Estimation of Forward Rates. 6: Risk and Return. Web Extensions. 6A: Continuous Probability Distributions. 6B: Estimating Beta with a Financial Calculator. 7: Valuation of Stocks and Corporations. Web Extensions. 7A: Derivation of Valuation Equations. 8: Financial Options and Applications in Corporate Finance. 9: The Cost of Capital. Web Extensions. 9A: The Required Return Assuming Nonconstant Dividends and Stock. Repurchases. 10: Basics of Capital Budgeting: Evaluating Cash Flows. Web Extensions. 10A: The Accounting Rate of Return (ARR). 11: Cash Flow Estimation and Risk Analysis. Web Extensions. 11A: Certainty Equivalents and Risk-Adjusted Discount Rates. 12: Corporate Valuation and Financial Planning. 13: Corporate Governance. 14: Distributions to Shareholders: Dividends and Repurchases. 15: Capital Structure Decisions. Web Extensions 15A: Degree of Leverage. 16: Supply Chains and Working Capital Management. Web Extensions. 16A: Secured Short-Term Financing. 17: Multinational Financial Management. 18: Public and Private Financing: Initial Offerings, Seasoned Offerings, and Investment Banks. Web Extensions. 18A: Rights Offerings. 19: Lease Financing. Web Extensions. 19A: Leasing Feedback. 19B: Percentage Cost Analysis. 19C: Leveraged Leases. 20: Hybrid Financing: Preferred Stock, Warrants, and Convertibles. Web Extensions. 20A: Calling Convertible Issues. 21: Dynamic Capital Structures. 22: Mergers and Corporate Control. Web Extensions. 22A: Projecting Consistent Debt and Interest Expenses. 23: Enterprise Risk Management. 24: Bankruptcy, Reorganization, and Liquidation. Web Extensions. 24A: Multiple Discriminant Analysis. 25: Portfolio Theory and Asset Pricing Models. 26: Real Options. Web Extensions. 26A: The Abandonment Real Option. 26B: Risk-Neutral Valuation. 27: Web Chapter: Providing and Obtaining Credit. 28: Web Chapter: Advanced Issues in Cash Management and Inventory Control. 29: Web Chapter: Pension Plan Management. 30: Web Chapter: Financial Management in Not-for-Profit Businesses.

The only text that strikes a balance between solid financial theory and practical applications, Brigham/Ehrhardt's FINANCIAL MANAGEMENT: THEORY AND PRACTICE, 14e (with Thomson ONE - Business School Edition 1-Year Printed Access Card) equips your students with a thorough understanding of the essential concepts they need to develop and implement effective financial strategies. The book begins with a presentation of corporate finance fundamentals before progressing to discussions of specific techniques used to maximize the value of a firm. It also explores the recent financial and economic crises and the role of finance in the business world and in your students' personal lives. With its relevant and engaging presentation, numerous examples, and emphasis on Excel usage, this text is the ideal choice for an introductory MBA course and serves as a complete reference tool for your students throughout their academic and business careers. Each new copy of Brigham/Ehrhardt's FINANCIAL MANAGEMENT: THEORY AND PRACTICE, 14e includes Thomson ONE Business School Edition, which gives students access to the same Thomson Reuters Financial database that business professionals use every day. As part of its comprehensive product package, Aplia™ for Finance and CengageNOW™ are available as optional learning solutions to support your course outcomes and to help your students become First in Finance. (http://www.cengage.com/search/productOverview.do;jsessionid=1ED5E398ACB838B84E04BCCF51D32BDD?N=16&Ntk=P_EPI&Ntt=179838252119220365081121234771393632081&Ntx=mode%2Bmatchallpartial)