L_3_ - Outline Lecture 3 Lecture Organization Agency...

Info iconThis preview shows pages 1–7. Sign up to view the full content.

View Full Document Right Arrow Icon
Outline Lecture 3 Lecture Organization Agency Problem (continue) Balance Sheet The Income Statement
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
The Agency Problem Agency costs is ______________________ Performance-based contracts ___________ Performance-based contracts should be designed in such a way as to
Background image of page 2
Why it is important to interpret accounting data? Why should we bother with financial statement analysis?
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Relationship between the financial decisions and the values of the firm's financial statements All decisions in finance ultimately fall into one of two categories: investment decisions financing decisions
Background image of page 4
Relationship between the financial decisions and the values of the firm's financial statements The Balance Sheet is snap shot of the firm’s current condition The Changes in Balance Sheet is the direct result of the financial and investment decisions: The Asset side The liabilities and equity side
Background image of page 5

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Balance Sheet of The firm (Snap Shot of the Firm-- it’s health)
Background image of page 6
Image of page 7
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

Page1 / 14

L_3_ - Outline Lecture 3 Lecture Organization Agency...

This preview shows document pages 1 - 7. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online