Fundamentals of Corporate
Robert Parrino, Ph.D. & David S. Kidwell, Ph.D.
The Financial Manager
and the Firm
The Role of the Financial Manager
Legal Forms of Business Organizations
Managing the Financial Function
Cash Flows and Capital Budgeting
1. Explain why incremental after-tax free cash flows are relevant in evaluating a project, and be able
to calculate them for a project.
2. Discuss the five general rules for incremental after
The Financial Manager and the Firm
1. Identify the key financial decisions facing the financial manager of any business firm.
2. Identify the basic forms of business organization used in the United States, and review their re