g g g
Principles of Managerial Finance
g g g
Sixteenth Edition g
Chad J. Zutter g g
University of Pittsburgh
g g
Scott B. Smart
g g
Indiana University
g
ISBN-13:g 978-0-13-694561-1
ISBN-10:g0-13-694561-9
,
, Chapterg1g g ThegRolegandgEnvironmentgofgManagerialgFinance iii
Table of Contents
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PARTg1gIntroductiongtogManagerialgFinance 1
1 ThegRolegofgManagerialgFinance 3
2 ThegFinancialgMarketgEnvironment 19
PARTg2gFinancialgTools 29
3 FinancialgStatementsgandgRatiogAnalysis 31
4 Long-gandgShort-TermgFinancialgPlanning 55
5 TimegValuegofgMoney 79
PARTg3gValuationgofgSecurities 119
6 InterestgRatesgandgBondgValuation 121
7 StockgValuation 149
PARTg4gRiskgandgthegRequiredgRategofgReturn 167
8 RiskgandgReturn 169
9 ThegCostgofgCapital 205
PARTg5gLong-TermgInvestmentgDecisions 231
10 CapitalgBudgetinggTechniques 233
11 CapitalgBudgetinggCashgFlows 261
12 RiskgRefinementsgingCapitalgBudgeting 293
PARTg6gLong-TermgFinancialgDecisions 327
13 LeveragegandgCapitalgStructure 329
14 PayoutgPolicy 349
PARTg7gShort-TermgFinancialgDecisions 367
15 WorkinggCapitalgandgCurrentgAssetsgManagement 369
16 CurrentgLiabilitiesgManagement 383
PARTg8gSpecialgTopicsgingManagerialgFinance 399
17 HybridgandgDerivativegSecurities 401
18 Mergers,gLBOs,gDivestitures,gandgBusinessgFailure 421
19 InternationalgManagerialgFinance 437
©g2022gPearsongEducation,gInc.
, iv Gitmang •g PrinciplesgofgManagerialgFinance,gTwelfthgEdition
Part One g
Introduction to Managerial Finance
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ChaptersgingThisgPart
Chapterg1 ThegRolegofgManagerialgFinance
Chapterg2
ThegFinancialgMarketgEnvironment
g IntegrativegCaseg1:gMeritgEnterprisegCorp.
©g2022gPearsongEducation,gInc.