Topic 1 Introduction to Financial Management(1) 财务管理概述 1
名人名言 Wisdom 1
微型案例 Mini Case 1
概览 Overview 2
正文 Text 2
1.1 Financial Management and Financial Manager 2
1.2 Financial Management Decision 3
1.3 Risk-Return Tradeoff 5
核心词汇 Core Words and Expressions 6
知识扩展 More Knowledge 7
相关网址 Useful Websites 9
Topic 2 Introduction to Financial Management(2) 财务管理概述 2
名人名言 Wisdom 10
微型案例 Mini Case 10
概览 Overview 11
正文 Text 11
2.1 Types of Business Organization 11
2.2 Corporate Structure of the Company 13
2.3 Objectives of Financial Management 14
2.4 Separation of Ownership and Control 16
2.5 Agency Relationships 17
核心词汇 Core Words and Expressions 19
知识扩展 More Knowledge 20
相关网址 Useful Websites 26
Topic 3 Interpreting Financial Statements 诠释财务报表 27
名人名言 Wisdom 27
微型案例 Mini Case 27
概览 Overview 28
正文 Text 28
3.1 Basics of Annual Reports and Financial Statements 28
3.2 Balance Sheet 30
3.3 Income Statement 32
3.4 Statement of Retained Earnings 35
3.5 Statement of Cash Flow 36
核心词汇 Core Words and Expressions 39
知识扩展 More Knowledge 40
相关网址 Useful Websites 42
Topic 4 Financial Ratio Analysis 财务比率分析 43
名人名言 Wisdom 43
微型案例 Mini Case 43
概览 Overview 44
正文 Text 44
4.1 Financial Ratio Analysis 44
4.2 Liquidity Ratios 45
4.3 Debt Management Ratios 48
4.4 Asset Management Ratios 50
4.5 Profitability Ratios 53
4.6 Market Value Ratios 56
4.7 Uses and Limitations of Financial Ratio Analysis 57
核心词汇 Core Words and Expressions 58
知识扩展 More Knowledge 59
相关网址 Useful Websites 59
Topic 5 Time Value of Money and Valuation 货币时间价值与估价名人名言 Wisdom 61
微型案例 Mini Case 62
概览 Overview 63
正文 Text 63
5.1 Central Concepts in Financial Management 63
5.2 Simple vs.Compound Interest Rates and Future vs.Present Value 64
5.3 Annuity 65
5.4 Valuation Fundamentals 69
5.5 Bond Valuation 72
5.6 Common Stock Valuation 75
核心词汇 Core Words and Expressions 79
知识扩展 More Knowledge 80
相关网址 Useful Websites 81
Topic 6 Risk and Return 风险与收益 82
名人名言 Wisdom 82
微型案例 Mini Case 83
概览 Overview 83
正文 Text 83
6.1 Introduction to Risk and Return 83
6.2 Efficient Market Hypothesis(EMH) 87
6.3 Portfolio Theory 90
6.4 Beta and Capital Asset Pricing Model 94
6.5 Arbitrage Pricing Theory 96
核心词汇 Core Words and Expressions 97
知识扩展 More Knowledge 98
相关网址 Useful Websites 100
Topic 7 Capital Budgeting 资本预算 101
名人名言 Wisdom 101
微型案例 Mini Case 101
概览 Overview 102
正文 Text 102
7.1 Capital Investment decisions 102
7.2 Guidelines for Estimating Project Cash Flows 103
7.3 Investment Rules 105
7.4 Business Practice 107
7.5 Analyzing Project Risk 108
7.6 Project Selection with Resource Constrains 110
7.7 Qualitative Factors and the Selection of Projects 111
7.8 The Post-Audit 111
核心词汇 Core Words and Expressions 112
知识扩展 More Knowledge 113
相关网址 Useful Websites 113
Topic 8 Capital Market and Raising Funds 资本市场与资金筹集名人名言 Wisdom 114
微型案例 Mini Case 114
概览 Overview 115
正文 Text 115
8.1 Financial Markets 115
8.2 Investment Banks 117
8.3 The Decision to Go Public 118
8.4 Cost of Capital Concept 121
核心词汇 Core Words and Expressions 123
知识扩展 More Knowledge 124
相关网址 Useful Websites 126
Topic 9 Capital Structure 资本结构 127
名人名言 Wisdom 127
微型案例 Mini Case 127
概览 Overview 128
正文 Text 128
9.1 The Choices:Types of Financing 128
9.2 The Financing Mix 132
9.3 Understanding Financial Risk 133
9.4 Capital Structure and the Value of a Firm 133
9.5 Checklist for Capital Structure Decisions 137
核心词汇 Core Words and Expressions 140
知识扩展 More Knowledge 141
相关网址 Useful Websites 142
Topic 10 Dividend Policy 股利政策 143
名人名言 Wisdom 143
微型案例 Mini Case 144
概览 Overview 145
正文 Text 145
10.1 Dividends and Dividend Policy 145
10.2 The Dividend Puzzle 148
10.3 Factors Influencing the Dividend Decision 150
10.4 Dividend Policies 152
10.5 Stock Repurchases 153
核心词汇 Core Words and Expressions 155
知识扩展 More Knowledge 155
相关网址 Useful Websites 157
Topic 11 Working Capital Management 营运资本管理 158
名人名言 Wisdom 158
微型案例 Mini Case 158
概览 Overview 159
正文 Text 159
11.1 Introduction to Working Capital Management 159
11.2 Cash Management 160
11.3 Accounts Receivable Management 164
11.4 Inventory Management 167
核心词汇 Core Words and Expressions 170
知识扩展 More Knowledge 171
相关网址 Useful Websites 172
Topic 12 International Financial Management 国际财务管理 173
名人名言 Wisdom 173
微型案例 Mini Case 173
概览 Overview 174
正文 Text 174
12.1 Introduction 174
12.2 Foreign Exchange Market 177
12.3 Exchange Rate Parity 180
12.4 Multinational Capital Budgeting 183
12.5 International Financial Decision 184
12.6 Working Capital Management 184
12.7 Hedging Currency Risk 185
核心词汇 Core Words and Expressions 188
知识扩展 More Knowledge 189
相关网址 Useful Websites 192
参考文献 193