Business Finance

<p>Part 1 The business finance environment</p> <ol start="1"> <li>1 Introduction</li> <li>2 A framework for financial decision making</li> <li>3 Financial (accounting) statements and their interpretation</li> </ol> <p>Part 2 Investment decisions</p> <ol start="4"> <li>4 Investment appraisal methods</li> <li>5 Practical aspects of investment appraisal</li> <li>6 Risk in investment appraisal</li> <li>7 Portfolio theory and its relevance to real investment decisions</li> </ol> <p>Part 3 Financing decisions</p> <ol start="8"> <li>8 Sources of long-term finance</li> <li>9 The secondary capital market (the stock exchange) and its efficiency</li> <li>10 Cost of capital estimations and the discount rate</li> <li>11 Gearing, the cost of capital and shareholders’ wealth</li> <li>12 The dividend decision</li> </ol> <p>Part 4 Integrated decisions</p> <ol start="13"> <li>13 Management of working capital</li> <li>14 Corporate restructuring (including takeovers and divestments) </li> <li>15 International aspects of business finance</li> <li>16 Small businesses</li> </ol>