This easy-to-understand， user-friendly reference tool covers the three major decision-making areas in financial management: the investment， financing， and asset management decisions. It enables readers to understand the financial decision-making process， interpret the impact that financial decisions will have on value creation， and develop a strong understanding of how funds are raised and allocated by today s businesses. Financial exploration includes the basic time value of money concepts， working capital management， capital budgeting techniques， estimating cash flows， electronic commerce， outsourcing， limited liability companies， strategic alliances， and financial statement analysis. For participants in management development programs， candidates preparing for various professional exams， and practicing finance professionals—such as Financial and Loan Analysts; Financial， Cash， and Credit Managers; Controllers， Managerial Accountants; Lending Officers， and Treasures.