Preface, Introduction, Appraising Investment Opportunities, Opportunity Costs and Discounted Cash Flow, Comparison of Capital Investment Appraisal Methods, Rates of Return: The Pitfalls, Inflation and the Investment Decision, Cash Flow Analysis: Defining a Project and its Benefits, Profitability and Risk, Shareholders' Risk and the Required Rates of Return, Capital Project Risk and the Discount Rate, Divisional Forecasts and Performance Measurement, Valuation and Members, Dividend Policy and Valuation of the Firm, Efficiency of the Stock Market, Acquisitions and Mergers, Financial Planning, Financial Planning and Forecasting, Bank Lending and Borrowing Decision, Working Capital Management: Debtors, Working Capital Management: Stock, Financing, Long-Term Financing, Cost of Debt and Capital Structure, Debt Financing and Project Valuation, Leasing, Appendices, Index.

Preface, Introduction, Appraising Investment Opportunities, Opportunity Costs and Discounted Cash Flow, Comparison of Capital Investment Appraisal Methods, Rates of Return: The Pitfalls, Inflation and the Investment Decision, Cash Flow Analysis: Defining a Project and its Benefits, Profitability and Risk, Shareholders' Risk and the Required Rates of Return, Capital Project Risk and the Discount Rate, Divisional Forecasts and Performance Measurement, Valuation and Members, Dividend Policy and Valuation of the Firm, Efficiency of the Stock Market, Acquisitions and Mergers, Financial Planning, Financial Planning and Forecasting, Bank Lending and Borrowing Decision, Working Capital Management: Debtors, Working Capital Management: Stock, Financing, Long-Term Financing, Cost of Debt and Capital Structure, Debt Financing and Project Valuation, Leasing, Appendices, Index.