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Post University TERM 1 FIN201.30 Prin. of Fin. Unit 1 DB .docx

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Unit 1: PowerPoint Chapter PresentationsAttached Files:File Cornett_M_Finance_4e_Chap001_PPT_RM (1).pptx (320.753 KB)File Cornett_M_Finance_4e_Chap002_PPT_RM.pptx (993.443 KB)The authors of the course text provide supplemental materials(such as the PowerPointpresentations attached)that can be helpful in fully absorbing all the material in each chapter.Thisresource could be particularly helpful considering the truncated and accelerated format of the onlineclass.If you don't have your text book yet, this material will be especially valuable for you.Itprovides outlines of what's covered in the text and should help you participate knowledgeably in thediscussion. It's not a complete substitute for the text!But, it will hold you until your text arrives.Posted on: Sunday, June 23, 2019 3:47:58 PM EDTHi Folks,Welcome to Unit 1!Introduction to Principles of FinanceThis course represents an important building block in your business education here at theMalcolmBaldrige SchoolofBusinessatPost University.We are going to learn about the role of money inthe business enterprise. This is important because earnings, cash flows, and money are among themost critical elements needed to conduct any business activity.The expression“Cash is King”has never been truer than it is today.If a business runs out of cash itwill cease to operate and be forced into bankruptcy as many high-profile companies such as Enron,WorldCom and Kmart have done.In this first Unit, we will discuss the proper definition of the fieldof finance, the goals of financial management, the role of the Chief Financial Officer(CFO)and theorganization of the finance team in business entities.No significant discussion of corporate value, nor of your families' personal net worth, can occurunless all parties to the discussion possess a comfort level with their knowledge of the majoraccounting statements. The topics(Finance and Accounting)are inextricably linked.The subject ofFinance simply cannot be fully understood without a basic knowledge of accounting.Fear not, myfriends!Accounting is our friend.I have often counseled many anxious students new to the study offinance that if you have passed the prerequisite accounting class to take this course, and if you canhandle the basic mathematical functions(addition, subtraction, multiplication and division ...with a small amount of algebra thrown in for good measure)then you will be in position to earna good grade in this class.Assignments:In Unit 1, you will complete the following assignments. Unit 1 LearnSmart Assignment(s), quizzedand final Discussion Forum contributions are due by 11:59 PM EST on Sunday of Unit 11)Read Unit 1 Lecture (above).2)Read Unit 1 reading assignment. Linksfound in theReading Assignmentcontent folder.

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Term
Winter
Professor
BROOKS
Tags
Finance, Test, Academic degree, Dr Mitchell Miller

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