Users of Principles of Managerial Finance have praised the effectiveness of the book´s teaching/learning system, which they hail as one of its hallmarks. The system, driven by a set of carefully developed learning goals, has been retained and polished in this twelfth edition. The ´´walkthrough´´ on the pages that follow illustrates and describes the key elements of the teaching/learning system. We encourage both students and instructors to acquaint themselves at the start of the semester with the many useful features the book offers.