Presentation
Introduction to Financial Management
- Course
- Institution
Introduction to Financial Management
[Show more]
Seller
Follow
asifmohamadasif69
Content preview
1Introduction to
Financial
Management
M: Finance 4th Edition
Cornett, Adair, and Nofsinger
© 2019 McGraw-Hill Education. All rights reserved. Authorized only for instructor use in the classroom. No reproduction or further distribution permitted without the
prior written consent of McGraw-Hill Education.
,What is Finance?
Finance applies specific value to
• Things owned.
• Services used.
• Decisions made.
Financial management
• Organization’s approach to valuation.
© 2019 McGraw-Hill Education. 1-2
,Economic Participants
Two dimensions
• Participants with “extra” investment money.
• Participants with economically viable ideas.
Blank No Extra Money Extra Money
No Economically Viable Type 1: No money and Type 2: Money but
Business Ideas no ideas no ideas
Economically Viable Type 3: No money but Type 4: Both money
Business Ideas ideas and ideas
© 2019 McGraw-Hill Education. 1-3
, Economic Participants–Type 1
Type 1 participants
• Do not lend or spend in business context.
• No direct role in financial markets.
• Indirect role: to provide labor and consume products.
© 2019 McGraw-Hill Education. 1-4
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller asifmohamadasif69. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $7.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
82191 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now