Financial Management Essentials You Always Wanted To Know: 4th Edition provides new managers and leaders with the foundational concepts of financial management. This book is designed to help students, freshers, management professionals, and new managers navigate the complex world of corporate finance. It provides an overview of core financial concepts such as:

1. Introduction to Financial Management2. Financial Statement AnalysisRatio AnalysisDuPont FrameworkBenchmarkingLimitation of Financial RatiosCommon-size Financial StatementsSolved ExamplesPractice ExerciseChapter Summary3. Cost of CapitalCost of Debt (ka)Cost of Preferred Stock (kp)Cost of Retained Earnings (ks)Cost of New Common Stock (ke)Weighted Average Cost of Capital (WACC)Solved ExamplesPractice ExerciseChapter Summary4. Capital BudgetingFree Cash FlowTiming of Cash FlowEstimating Cash Flows over Life of ProjectPayback PeriodDiscounted Payback PeriodNet Present Value (NPV)Internal Rate of Return (IRR)Modified Internal Rate of Return (MIRR)Usage of Capital Budgeting MethodsSolved ExamplesPractice ExerciseChapter Summary5. Working Capital ManagementCash Conversion CycleCurrent Asset Investment PoliciesCurrent Asset Financing ApproachesShort-Term Financing OptionsSolved ExamplesPractice ExerciseChapter Summary6. Capital StructureDebtOptimal Capital StructureCapital Structure TheoriesSolved ExamplesPractice ExerciseChapter Summary7. Distribution to ShareholdersFactors in setting Dividend Distribution PolicyResidual Dividend ModelDividend Payment ProceduresDividend Reinvestment Plan (DRIP)Stock Splits and Stock DividendsStock RepurchasesSolved ExamplesPractice ExerciseChapter Summary8. Forecasting Financial StatementsStep 1 - Forecast SalesStep 2 - Forecast Income StatementStep 3 - Forecast Balance Sheet - 1st PassStep 4 - Raising Additional Funds Needed (AFN)Step 5 - Forecast Balance Sheet - 2nd PassAFN FormulaSolved ExamplesPractice ExerciseChapter SummaryGlossary