Provides the core topics for a finance course, highlighting personal examples to help students relate to the material. With extensive end-of-chapter problems, emphasis on the personal perspective, and focus on the core concepts, this book offers a complete digital solution to help students achieve higher outcomes in the course.

PART ONE: INTRODUCTION 1 Introduction to Financial Management PART TWO: FINANCIAL STATEMENTS 2 Reviewing Financial Statements Appendix 2A: Various Formats for Financial Statements (available in Connect)3 Analyzing Financial Statements PART THREE: VALUING OF FUTURE CASH FLOWS 1184 Time Value of Money 1: Analyzing Single Cash Flows 5 Time Value of Money 2: Analyzing Annuity Cash Flows PART FOUR: VALUING OF BONDS AND STOCKS 1886 Understanding Financial Markets and Institutions Appendix 6A: The Financial Crisis: The Failure of Financial Institution Specialness (available in Connect)7 Valuing Bonds 8 Valuing Stocks PART FIVE: RISK AND RETURN 9 Characterizing Risk and Return 10 Estimating Risk and Return PART SIX: CAPITAL BUDGETING 11 Calculating the Cost of Capital 12 Estimating Cash Flows on Capital Budgeting Projects Appendix 12A: MACRS Depreciation Tables 13 Weighing Net Present Value and Other Capital Budgeting Criteria PART SEVEN: WORKING CAPITAL MANAGEMENT AND FINANCIAL PLANNING 14 Working Capital Management and Policies Appendix 14A: The Cash Budget 15 Financial Planning and Forecasting PART EIGHT: CAPITAL STRUCTURE ISSUES 16 Assessing Long-Term Debt, Equity, and Capital Structure 17 Sharing Firm Wealth: Dividends, Share Repurchases, and Other Payouts 18 Issuing Capital and the Investment Banking Process PART NINE: OTHER TOPICS IN FINANCE 19 International Corporate Finance 20 Mergers and Acquisitions and Financial Distress