Written for and praised by students just like you, FINANCIAL MANAGEMENT: THEORY AND PRACTICE gives you relevant, practical, and easy-to-understand information covering all of the financial management topics you need to succeed in this course. Underlying theory is presented first in an accessible style and then followed by the practical application. Features: 1New chapter organization. The chapter on financial statement analysis is moved up as are the two chapters on risk, which now fall immediately prior to the stock valuation chapter, since risk and stock return are closely linked 2Self-test problems are now added at the ends of sections. Answers are given with the problem, and worked-out solutions are found in the chapter's Excel Tool Kit. 3Web Extensions. Each Web Extension is now focused on a single topic, so instructors can assign just that additional topic if they so choose 4Spreadsheet Models. Each chapter (except Ch. 1) is accompanied by spreadsheet models that facilitate student problem solving and comprehension About The Author: Eugene F. Brigham : University of Florida Michael C. Ehrhardt : University of Tennessee Table Of Contents: Part One: FUNDAMENTAL CONCEPTS OF FINANCIAL MANAGEMENT. 1. An Overview of Financial Management and the Financial Environment. 2. Time Value of Money. 3. Financial Statements, Cash Flow, and Taxes. 4. Analysis of Financial Statements. Part Two: SECURITIES AND THEIR VALUATION. 5. Bonds, Bond Va