PART I: FINANCIAL CONCEPTS AND TECHNIQUES. 1. FInancial Management and Value Creation: An Overview. 2. THe Time Value of Money. 3. RIsk and Return. PART II: ANALYZING BUSINESS PERFORMANCE. 4. INterpreting Financial Statements. 5. ASsessing Operational Efficiency and Liquidity. 6. DIagnosing Profitability, Risk, and Growth. PART III: MAKING INVESTMENT DECISIONS. 7. USing the NPV Rule to Make Value-Creating Investment Decisions. 8. ALternatives to the Net Present Value Rule. 9. IDentifying and Estimating a Project's Cash Flows. PART IV: MAKING FINANCING DECISIONS. 10. VAluing Bonds and Stocks. 11. RAising Capital and Paying Out Cash. 12. EStimating the Cost of Capital. 13. DEsigning a Capital Structure. PART V: MAKING BUSINESS DECISIONS. 14. VAluing and Acquiring a Business. 15. MAnaging Corporate Risk. 16. MAking International Business Decisions. 17. MAnaging for Value Creation. ANswers to Self-Test Questions. GLossary.