Chapter 1 hw - Akbar Bhojani 105882655 Bus 330.03 1)...

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Akbar Bhojani 105882655 Bus 330.03 1)   Finance is related to the disciplines of accounting and economics on the grounds  of that finance is basically derived from them.  Finance uses the accounting balance  sheets, income statement s and statement of cash flows to examine and map out the  financial resources available for the business.  Also by utilizing economic principles,  finance mangers can make decision about what direction the business’s interest should be  toward. 2)   The three main career paths in the field of finance are financial management,  financial markets and institutions, and investments.  Financial management is based on  the management of the finances of a business. They are responsible for forecasting a  firm’s performance. People who are in the Financial markets and institutions are focused  on the flow of money through the markets in which financial assets are exchanged.  Some 
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This note was uploaded on 05/11/2008 for the course BUS 330 taught by Professor Nugent during the Spring '08 term at SUNY Stony Brook.

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Chapter 1 hw - Akbar Bhojani 105882655 Bus 330.03 1)...

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