Known for its time-honored, fully integrated learning system, the Eleventh Edition stays on the cutting edge with progressive new tools and fresh, thought-provoking content. Gitman’s proven learning goal method artfully weaves together pedagogy with concepts and practice, providing students with a road map to guide them through the content. This revision brings new examples, new pedagogical features, and an increased emphasis on the ethical implications of financial decisions, adding currency and depth to the text’s effective, consistent framework for learning. The new focus on ethics explores such provocative topics as trusting bond raters and ethical accounting practices.

Table of Contents

I. INTRODUCTION TO MANAGERIAL FINANCE.
1. The Role and Environment of Managerial Finance.
2. Financial Statements and Analysis
3. Cash Flow and Financial Planning.

II. IMPORTANT FINANCIAL CONCEPTS.
4. Time Value of Money.
5. Risk and Return.
6. Interest Rates and Bond Valuation.
7. Stock Valuation.

III. LONG-TERM INVESTMENT DECISIONS.
8. Capital Budgeting Cash Flows.
9. Capital Budgeting Techniques.
10. Risk and Refinements in Capital Budgeting.

IV. LONG-TERM FINANCIAL DECISIONS.
11. The Cost of Capital.
12. Leverage and Capital Structure.
13. Dividend Policy.

V. SHORT-TERM FINANCIAL DECISIONS.
14. Working Capital and Current Asset Management.
15. Current Liabilities Management.

VI. SPECIAL TOPICS IN MANAGERIAL FINANCE.
16. Hybrid and Derivative Securities.
17. Mergers, LBOs, Divestitures, and Business Failures?
18. International Financial Management.

Web Chapter, Financial Institutions and Markets.

APPENDIXES.
A: Financial Tables.
B: Solutions to Self-Test Problems.
C: Answers to Selected End-of-Chapter Problems.

Online Appendix:   Excel Tutor

Sources.

Index.