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Financial

Financial

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Published by kevin punzalan

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Published by: kevin punzalan on Feb 19, 2009
Copyright:Attribution Non-commercial

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11/23/2010

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Financial Management
An Introduction
 
 
What is Finance Anyway?What is this course all about?
Accounting is the language of business.Finance uses accounting informationtogether with other information to makedecisions that affect the market value of the firm.There are
three
primary decision areasthat are of concern.
 
 
Three decision areas infinance:
Investment decisions - What assetsshould the company hold? Thisdetermines the left-hand side of thebalance sheet.Financing decisions - How should thecompany pay for the investments itmakes? This determines the right-handside of the balance sheet.Dividend decisions - What should be donewith the profits of the business?

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