Financial management : principles and applications / Ma. Elenita Balatbat Cabrera, Gilbert Anthony B. Cabrera, and Bernadette Ann B. Cabrera.

Includes bibliographical references.

Unit I. Overview of financial management -- Nature, purpose and scope of financial management -- Relationship of financial objectives to organizational strategy and other organizational objectives -- Functions of financial management -- Business organization and trends -- Unit II. Evaluating operating and financial performance of a business entity -- Understanding financial statement -- Assessment of the firm's operating efficiency and financial position through financial analysis -- Cash flow analysis -- Operating and financial leverage -- Unit III. Financial forecasting, planning and control -- Financial forecasting for strategic growth -- Forecasting short-term operating financial requirements -- Unit IV. Working capital management -- Addressing the working capital policies and management of short-term assets and liabilities -- Cash and marketable securities management -- Accounts receivable and inventory management -- Short-term sources for financing current assets -- Unit V. Long-term investment decisions -- Calculating the cost of capital -- The basics of capital budgeting -- Screening and selecting capital investment proposals -- Unit VI. Capital structure issues -- Assessing long-term debt, equity and capital structure -- Sources of long-term financing -- Sharing firm wealth: dividends, share repurchase and other payouts -- Mergers and acquisitions; divestitures -- Unit VII. Asset risks concepts and pricing -- Financial risk management -- Estimating risk and return on assets -- Capital asset pricing model and modern portfolio theory.