CITATION

Shim, Jae and Siegel, Joel. Schaum's Outline of Financial Management, Third Edition. US: McGraw-Hill, 2009.

Schaum's Outline of Financial Management, Third Edition

Authors: and

Published:  August 2009

eISBN: 9780071702522 0071702520 | ISBN: 9780071635318
  • Contents
  • Chapter 1 Introduction
  • 1.1 The Goals of Financial Management in the New Millennium
  • 1.2 The Role of Financial Managers
  • 1.3 Agency Problems
  • 1.4 Financial Decisions and Risk-Return Trade-Off
  • 1.5 Basic Forms of Business Organization
  • 1.6 The Financial Institutions and Markets
  • 1.7 Corporate Tax Structure
  • 1.8 The Sarbanes–Oxley Act and Corporate Governance
  • Chapter 2 Analysis of Financial Statements and Cash Flow
  • 2.1 The Scope and Purpose of Financial Analysis
  • 2.2 Financial Statement Analysis
  • 2.3 Horizontal Analysis
  • 2.4 Vertical Analysis
  • 2.5 Ratio Analysis
  • 2.6 Summary and Limitations of Ratio Analysis
  • 2.7 The Sustainable Rate of Growth
  • 2.8 Economic Value Added (Eva[sup(®)])
  • 2.9 Cash Basis of Preparing the Statement of Changes in Financial Position
  • 2.10 The Statement of Cash Flows
  • Chapter 3 Financial Forecasting, Planning, and Budgeting
  • 3.1 Financial Forecasting
  • 3.2 Percent-of-Sales Method of Financial Forecasting
  • 3.3 The Budget, or Financial Plan
  • 3.4 The Structure of the Budget
  • 3.5 A Shortcut Approach to Formulating the Budget
  • 3.6 Computer-Based Models for Financial Planning and Budgeting
  • Chapter 4 The Management of Working Capital
  • 4.1 Managing Net Working Capital
  • 4.2 Current Assets
  • 4.3 Cash Management
  • 4.4 Management of Accounts Receivable
  • 4.5 Inventory Management
  • Chapter 5 Short-Term Financing
  • 5.1 Introduction
  • 5.2 Trade Credit
  • 5.3 Bank Loans
  • 5.4 Bankers’ Acceptances
  • 5.5 Commercial Finance Company Loans
  • 5.6 Commercial Paper
  • 5.7 Receivable Financing
  • 5.8 Inventory Financing
  • 5.9 Other Assets
  • Examination I: Chapters 1–5
  • Chapter 6 Time Value of Money
  • 6.1 Introduction
  • 6.2 Future Values – Compounding
  • 6.3 Present Value – Discounting
  • 6.4 Applications of Future Values and Present Values
  • Chapter 7 Risk, Return, and Valuation
  • 7.1 Risk Defined
  • 7.2 Portfolio Risk and Capital Asset Pricing Model (CAPM)
  • 7.3 Bond and Stock Valuation
  • 7.4 Determining Interest-Rate Risk
  • Chapter 8 Capital Budgeting (Including Leasing)
  • 8.1 Capital Budgeting Decisions Defined
  • 8.2 Measuring Cash Flows
  • 8.3 Capital Budgeting Techniques
  • 8.4 Mutually Exclusive Investments
  • 8.5 The Modified Internal Rate of Return (MIRR)
  • 8.6 Comparing Projects with Unequal Lives
  • 8.7 Real Options
  • 8.8 The Concept of Abandonment Value
  • 8.9 Capital Rationing
  • 8.10 How Does Income Taxes Affect Investment Decisions?
  • 8.11 Capital Budgeting Decisions and the Modified Accelerated Cost Recovery System (MACRS)
  • 8.12 Leasing
  • 8.13 Capital Budgeting and Inflation
  • Chapter 9 Capital Budgeting Under Risk
  • 9.1 Introduction
  • 9.2 Measures of Risk
  • 9.3 Risk Analysis in Capital Budgeting
  • 9.4 Correlation of Cash Flows Over Time
  • 9.5 Normal Distribution and NPV Analysis: Standardizing the Dispersion
  • 9.6 Portfolio Risk and the Capital Asset Pricing Model (CAPM)
  • Chapter 10 Cost of Capital
  • 10.1 Cost of Capital Defined
  • 10.2 Computing Individual Costs of Capital
  • 10.3 Measuring the Overall Cost of Capital
  • 10.4 Level of Financing and the Marginal Cost of Capital (MCC)
  • Chapter 11 Leverage and Capital Structure
  • 11.1 Leverage Defined
  • 11.2 Break-Even Point, Operating Leverage, and Financial Leverage
  • 11.3 The Theory of Capital Structure
  • 11.4 EBIT-EPS Analysis
  • Examination II: Chapters 6–11
  • Chapter 12 Dividend Policy
  • 12.1 Introduction
  • 12.2 Dividend Policy
  • 12.3 Factors that Influence Dividend Policy
  • 12.4 Stock Dividends
  • 12.5 Stock Split
  • 12.6 Stock Repurchases
  • Chapter 13 Term Loans and Leasing
  • 13.1 Intermediate-Term Bank Loans
  • 13.2 Insurance Company Term Loans
  • 13.3 Equipment Financing
  • 13.4 Leasing
  • Chapter 14 Long-Term Debt
  • 14.1 Introduction
  • 14.2 Mortgages
  • 14.3 Bonds Payable
  • 14.4 Debt Financing
  • 14.5 Bond Refunding
  • Chapter 15 Preferred and Common Stock
  • 15.1 Introduction
  • 15.2 Investment Banking
  • 15.3 Public Versus Private Placement of Securities
  • 15.4 Going Public – About an Initial Public Offering (IPO)
  • 15.5 Venture Capital Financing
  • 15.6 Preferred Stock
  • 15.7 Common Stock
  • 15.8 Stock Rights
  • 15.9 Stockholders’ Equity Section of the Balance Sheet
  • 15.10 Governmental Regulation
  • 15.11 Financing Strategy
  • Examination III: Chapters 12–15
  • Chapter 16 Hybrids, Derivatives, and Risk Management
  • 16.1 Introduction
  • 16.2 Warrants
  • 16.3 Convertible Securities
  • 16.4 Options
  • 16.5 The Black–Scholes Option Pricing Model (OPM)
  • 16.6 Futures
  • 16.7 Risk Management and Analysis
  • Chapter 17 Mergers and Acquisitions
  • 17.1 Introduction
  • 17.2 Mergers
  • 17.3 Acquisition Terms
  • 17.4 Merger Analysis
  • 17.5 The Effect of a Merger on Earnings Per Share and Market Price Per Share of Stock
  • 17.6 Holding Company
  • 17.7 Tender Offer
  • 17.8 Leverage Buyout (LBO)
  • 17.9 Divestiture
  • Chapter 18 Failure and Reorganization
  • 18.1 Introduction
  • 18.2 Voluntary Settlement
  • 18.3 Bankruptcy Reorganization
  • 18.4 Liquidation Due to Bankruptcy
  • 18.5 The Z Score Model: Forecasting Business Failures
  • Chapter 19 Multinational Finance
  • 19.1 Special Features of a Multinational Corporation (MNC)
  • 19.2 Financial Goals of MNCs
  • 19.3 Types of Foreign Operations
  • 19.4 Functions of an MNC’s Financial Manager
  • 19.5 The Foreign Exchange Market
  • 19.6 Spot and Forward Foreign Exchange Rates
  • 19.7 Currency Risk Management
  • 19.8 Forecasting Foreign Exchange Rates
  • 19.9 Analysis of Foreign Investments
  • 19.10 International Sources of Financing
  • Examination IV: Chapters 16–19
  • Appendix: A
  • Appendix: B
  • Appendix: C
  • Appendix: D
  • Appendix: E
  • Index