Finance, accounting and corporate objectives -- The time value of money -- An introduction to financial reporting -- Capital budgeting -- The income statement -- Comparing the use of cash flows and incomes -- Depreciation expense -- Long-term liabilities -- Stockholders' equity -- Distributions to shareholders -- Capital structure : weighted average cost of capital (WACC) -- Buy versus lease -- Preferred stock -- Managerial performance -- Mergers and acquisitions: consolidations -- Convertible bonds -- Inventories -- The cash flow statement.