MGMT310_lecture1

MGMT310_lecture1 - Today Todaywewilldiscuss Course syllabus...

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day we will discuss… Today we will discuss… ourse llabus Course syllabus What is the purpose of this course? Basi ct e r m inology used throughout course (and life)
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nancial management decisions Financial management decisions apital udgeting e rocess f lanning Capital budgeting : the process of planning and managing a firm’s long term investments apital ructure e ixture f ebt d Capital structure : the mixture of debt and equity maintained by a firm Working capital management : management of short term assets and liabilities GOAL : maximize current market value of firm
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Types of business organization roprietorship / Partnership orporation Proprietorship / Partnership Limited life of business ard to transfer ownership Corporation Unlimited life Easier to transfer ownership Hard to transfer ownership Unlimited liability for owners More difficult to raise $$ Limited liability for owners Easier to raise $$
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MGMT310_lecture1 - Today Todaywewilldiscuss Course syllabus...

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