New to the Edition

• Internet troubleshooting and spreadsheet models added to each chapter.
• Spreadsheet integration, minimized emphasis on financial calculators, and a revised "tabular solutions approach."
• Chapters 2 and 9 include new material on Free Cash Flow and how to use in-valuing common stocks.
• New attractive four-color format.
• A new Chapter 12 discusses both Cash Flow Estimation and Risk Analysis. Coverage includes Scenario Analysis, Sensitivity Analysis, and the Monte Carlo simulation allowing the option to include the material.
• Chapters 15 and 16, Managing Current Assets and Financing Current Assets have been combined into one chapter, Chapter 15, Working Capital Management, which covers the basics thoroughly.
• New, International Chapter added in response to reviewer suggestions and comments.

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