Includes index.

Part One. Introduction -- Part Two. Financial Analysis and Planning -- Part Three. Working Capital Management -- Part Four. The Capital Budgeting Process -- Part Five. Long-Term Financing -- Part Six. Expanding the Perspective of corporate finance.

The fourth edition of Foundations of Financial Management provides a number of changes from the third edition while still maintaining the basic strengths. The authors remain strongly committed to presenting the concepts of finance in an enlightening and interesting manner. Because very careful treatment is given to conceptual material related to valuation, capital structure formulation, and risk-return considerations, the student is also given a very sound background in important aspects of the theory of finance. The authors remain committed to enabling the student to gain a firmer grasp on material previously covered in accounting, but now translated into the financial decision-making process.