pt. 1. Introduction to managerial finance -- 1. Overview of managerial finance -- 2. Institutions, securities, markets, and rates -- 3. Financial statements, taxes, depreciation, and cash flow -- 4. Financial statement analysis -- pt. 2. Important financial concepts -- 5. Time value of money -- 6. Risk and return -- 7. Bond and stock valuation -- pt. 3. Long-term investment decisions -- 8. Capital budgeting and cash flow principles -- 9. Capital budgeting techniques -- 10. Risk and refinements in capital budgeting -- pt. 4. Long-term financial decisions -- 11. The cost of capital -- 12. Leverage and capital structure -- 13. Dividend policy -- pt. 5. Short-term financial decisions -- 14. Financial planning -- 15. Working capital and short-term financing -- 16. Cash and marketable securities -- 17. Accounts receivable and inventory -- pt. 6. Special topics in managerial finance -- 18. Hybrid and derivative securities -- 19. Mergers, LBOs, divestitures, and business failure -- 20. International managerial finance -- Appendixes -- A. Financial tables -- B. Solutions to self-test problems -- C. Answers to selected end-of-chapter problems -- D. Instructions for using PMF CD-ROM software -- In practice sources.