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Synopsis The book in your hand is highly useful to the finance management students of B. Com., B.B.M., M.Com., M.B.A. and other professional courses. It covers all the major areas of financial management like financial analysis, working capital management, capital structure, cost of capital, capital budgeting and dividend policy. The book is in a question and answer model, divided into three parts ranging from very short, short to essay type questions. These questions are answered comprehensively to cover the theory aspects of the syllabus. Financial management book cannot be complete until problem oriented aspects are touched upon. That is why solutions are provided to problems in cash budget, funds flow statements, break-even analysis, capital budgeting, capital structure, cost of capital, inventory management and dividend policy. Further, working notes has been provided at appropriate places for easy understanding of the solutions.