Part One Foundations of Finance（金融基础） 3
Chapter 1 The Time Value of Money（时间价值） 3
Section 1 Compound Interest 3
Section 2 Future Value and Present Value 10
Section 3 Applications 16
Part Two Financing（融资） 31
Chapter 2 Financing Scale（融资规模） 31
Section 1 Percent of Sales Method of Financial Forecasting 31
Chapter 3 Cost of Capital（资本成本） 37
Section 1 Cost of Capital 37
Section 2 Optimal Capital Structure 41
Part Three Investment（投资） 51
Chapter 4 Risk and Return（风险与收益） 51
Section 1 Measurement of Return 51
Section 2 Risk Measurement 53
Section 3 Risk and Return in a Portfolio Context 56
Section 4 Capital Market Line(CML） 64
Section 5 Security Market Line(SML） 69
Chapter 5 Capital Budgeting（资本预算） 75
Section 1 Decision Method 75
Section 2 Cash Flow Estimation 85
Section 3 Decision Trees 93
Chapter 6 Valuation of Securities（证券估值） 97
Section 1 Valuation of Bond 97
Section 2 Valuation of Stock 100
Part Four Financial Analysis（财务分析） 111
Chapter 7 Analysis of Financial Statements（财务报表分析） 111
Section 1 Internal Liquidity Ratios 111
Section 2 Ratios Evaluating Operating Performance 114
Section 3 Other Useful Ratios 118
Chapter 8 Cash Flow Analysis（现金流分析） 124
Section 1 The Key Elements of CFO,CFI and CFF 124
Section 2 The Calculation of CFO,CFI and CFF 126
Chapter 9 Dilute Securities and EPS（稀释证券及稀释每股收益） 134
Chapter 10 Analysis of Inventories（存货分析） 143
Section 1 First In,First Out(FIFO,先进先出） 144
Section 2 Last In,First Out(LIFO,后进先出） 144
Section 3 Average Cost 144
Section 4 From LIFO to FIFO 145
Section 5 From FIFO to LIFO 147
Chapter 11 Analysis of Multinational Operations（跨国经营分析） 150
Section 1 Flow and Holding Effects 150
Section 2 All-current VS.Temporal Method 152
Section 3 Translation Gains/losses Calculation 156
Section 3 Financial Ratios with Different Method 164
Chapter 12 Mergers（并购） 173
Section 1 Merger Types 173
Section 2 Merger Motivations 173
Section 3 Net Present Value of A Merger 174
Section 4 Payment in Cash 175
Section 5 Payment in Stock 176
Section 6 Proxy Fights VS.Tender Offers 178
Section 7 Pre-offer Defenses 179
Section 8 Post-offer Defenses 180
Reference 182