Foundations of Financial Management has built a loyal following due to its strong real-world emphasis, clear writing style, and step-by-step explanations that simplify difficult concepts. The text focuses on the "nuts and bolts" of finance with clear and thorough treatment of concepts and applications.

In addition to completing the textbook revisions, Block, Hirt, and Danielsen also revise all ends of chapter problems and complete the solutions themselves. The authors know what works and what doesn't work for students, and they have consistently maintained a high quality textbook that is responsive to the demands of the marketplace.

A Self Quiz and Study program allows students to evaluate their performance through a practice test and then receive recommendations for specific readings from the text, supplemental study material, and practice work that will improve their mastery of each learning objective. Lectures provided by author Bart Danielsen are also available to help students learn the concepts.

Part 1. Introduction

1. The Goals and Functions of Financial Management

Part 2. Financial Analysis and Planning

2. Review of Accounting

3. Financial Analysis

4. Financial Forecasting

5. Operating and Financial Leverage

Part 3. Working Capital Management

6. Working Capital and the Financing Decision

7. Current Asset Management

8. Sources of Short-Term Financing

Part 4. The Capital Budgeting Process

9. The Time Value of Money

10. Valuation and Rates of Return

11. Cost of Capital

12. The Capital Budgeting Decision

13. Risk and Capital Budgeting

Part 5. Long-Term Financing

14. Capital Markets

15. Investment Banking: Public and Private Placement

16. Long-Term Debt and Lease Financing

17. Common and Preferred Stock Financing

18. Dividend Policy and Retained Earnings

19. Convertibles, Warrants and Derivatives

Part 6. Expanding the Perspective of Corporate Finance

20. External Growth through Mergers

21. International Financial Management