Based on the authors' extensive teaching, research and business experiences, discusses and integrates both theoretical and practical aspects of financial planning and forecasting. divided into six parts: Information and Methodology for Financial Analysis, Alternative Finance Theories and Their Application, Capital Budgeting and Leasing Decisions, Corporate Policies and Their Interrelationships, Short-term Financial Decisions, Financial Planning and Forecasting, and Overview. The theories used in this book are pre-Modigliani-Miller Theorem, Modigliani-Miller Theorem, Capital Asset Pricing Model and Arbitrage Pricing Theory, and Option Pricing Theory. The interrelationships among these theories are carefully analyzed. Meaningful real-world examples of using these theories are discussed step-by-step, with relevant data and methodology. Alternative planning and forecasting models are also used to show how the interdisciplinary approach is helpful in making meaningful financial management decisions.

Table of Contents :

1. Information and Methodology for Financial Analysis:
- Accounting Information, Regression Analysis, and Financial Management
- Discriminant Analysis and Factor Analysis: Theory and Method
- Application of Discriminant Analysis and Factor Analysis in Financial Management
2. Alternative Financial Theories and Cost of Capital:
- Risk Estimation and Diversification
- Risk and Return Trade-Off Analysis
- Options and Option Strategies
3. Capital Budgeting and Leasing Decisions:
- Alternative Cost of Capital Analysis and Estimation
- Capital Budgeting Under Certainty
- Capital Budgeting Under Uncertainty
Corporate Policies and Their Interrelationships:
Mergers: Theory and Evidence
Dividend Policy and Empirical Evidence
Interaction of Financing, Investment and Dividend Policies
Financial Planning and Forecasting:
Short-Term Financial Analysis and Planning
Credit Management
Cash, Marketable Securities, and Inventory Management
Long-Range Financial Planning — A Linear-Programming Modeling Approach
Time-Series: Analysis, Model, and Forecasting
and other papers