Finance Seminar 4 - Finance MT17-05 Jan Clark 10/15/2011...

Info iconThis preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
Finance MT17-05 Jan Clark 10/15/2011
Background image of page 1

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

View Full DocumentRight Arrow Icon
Finance is the study of money, both inflow and outflow of cash. Finance deals with how money is raised and used by businesses, governments and individuals. There are three general concepts everything else equal, 1) More value is preferred to less value 2) The sooner cash is received the more valuable it is 3) Less risky assets are more valuable than (preferred to) riskier assets (Cengage, 2011). Everyone is affected by finance, whether that is in his or her personal lives or business. It is used for purchasing a house, a car, retirement and so on. You need to understand the Time Value of Money and how it can affect your business. Basically, the time value of money tells you that $1 today is worth more than $1 tomorrow. The reason is because you can invest that $1 today and have it be worth more tomorrow. You want to hold onto your money as long as possible and receive money as quickly as possible. You can do this
Background image of page 2
Image of page 3
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 02/01/2012 for the course MACROECONO BU204 taught by Professor Bergan during the Spring '09 term at Kaplan University.

Page1 / 4

Finance Seminar 4 - Finance MT17-05 Jan Clark 10/15/2011...

This preview shows document pages 1 - 3. Sign up to view the full document.

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