Finance 1030 - Study guides, Class notes & Summaries

Finance Ans- the science and art of how individuals and firms raise, allocate, and invest money Managerial Finance Ans- concerns the duties of the financial manager in a business what is a firm Ans- A firm is a business organization that sells goods or services A firm is a business idea that requires financing and decision making why do firms exist Ans- because investors want access to risky investment opportunities what is the goal of a firm? Ans- Maximize Shareholder Wealth what i...

What is the time value of money Ans- refers to the observation that it is better to receive money sooner than later Future Value Versus Present Value Ans- Future value is compounding, present value is discounting Future Value of a Single Amount Ans- the value in future dollars of some cash flow today The Equation for Future Value Ans- FV=PV(1+r)^n -FV(n)= future value or payoff after n periods -PV(0)= initial principal or present value -r= per period compound rate of interest -n= nu...

What is the time value of moneyrefers to the observation that it is better to receive money sooner than later Future Value Versus Present ValueFuture value is compounding, present value is discounting Future Value of a Single Amountthe value in future dollars of some cash flow today The Equation for Future ValueFV=PV(1+r)^n -FV(n)= future value or payoff after n periods -PV(0)= initial principal or present value -r= per period compound rate of interest -n= number of periods that the m...

Finance the science and art of how individuals and firms raise, allocate, and invest money Managerial Finance concerns the duties of the financial manager in a business what is a firm A firm is a business organization that sells goods or services A firm is a business idea that requires financing and decision making why do firms exist because investors want access to risky investment opportunities what is the goal of a firm? Maximize Shareholder Wealth

Accounting Associate Degree General Education Core (Required minimum: 15 Semester Credit Hours) Area I - Language Arts/Communication ENGL 1101 Composition and Rhetoric 3 180 Explores the analysis of literature and articles about issues in the humanities and in society. Students practice various modes of writing, ranging from exposition to argumentation and persuasion. The course includes a review of standard grammatical and stylistic usage in proofreading and editing. An introduction to...

Accounting Associate Degree General Education Core (Required minimum: 15 Semester Credit Hours) Area I - Language Arts/Communication ENGL 1101 Composition and Rhetoric 3 180 Explores the analysis of literature and articles about issues in the humanities and in society. Students practice various modes of writing, ranging from exposition to argumentation and persuasion. The course includes a review of standard grammatical and stylistic usage in proofreading and editing. An introduction to...

INTRODUCTION TO MATERIALS MANAGEMENT CHAPTER 1 ANSWERS TO PROBLEMS 1.1 Sales 100% 100% Cost of manufacturing 60% 50% Other costs 30% Profit (percent of Sales) Therefore a 10% reduction in the cost of manufacturing would produce a 100% increase in profit. 1.2 Profit = Sales – (direct costs + overhead) 0.20 = Sales – (0.60 × Sales + 0.30) Sales = 0.5 = 1.25 = 125% 0.4 To increase profits from 10% to 20% takes a 25% increase in sales but only a 10% decrease in costs. Good materials ma...

Finance 1030 Exam 2 (Questions & answers are 100% correct).

SIE Exam Preview/Recap. 100% Coverage. Comprehensive, Guaranteed understanding. purpose of securities industry - matching investors with money to issuers that need that money to finance issuer - legal entity that sells securities in order to finance its operations (business, governments) ie. us treasury, us gov agencies, foreign governments, state and local governments, corps, banks methods issuers use to raise capital - 1) issue debt securities (bonds) and 2) issues equity securities (...