American University of Science &Technology
Faculty of Business & Economics
Department of Finance
FIN 301 Finance I
Summer II 2015-2016
This course focuses on the role of the financial manager in the use of financial con
The London Stock Exchange is located in London, England, and is the largest
exchange in Europe and one of the largest in the world. The LSE has 350 companies
from more than 50 countries, making it the most international of all stock exchanges.
Mahmoud Al Dana
Mohammad Al Chami
Instructor: Dr. George Kazzi
Course Title: Financial Markets and institutions
Semester: Spring 2016
Topic: Canadian stock exchange SMEs Issue
4. Debentures such as convertible bonds are unsecured bondsthat’ m 'i
most creditworthy ﬁrms can issue.
(" j / 5. As an outstanding bond approaches maturity, the price of the and W111 always
_'_ toward par value until, at maturity, the bond is worth
The value of an asset depends on the historical cash flow(s) up to the
Valuation is the process that links risk and return to determine the
worth of an asset.
The value of an asset is determined by discounting the expec
Holders of equity have claims on both income and assets that are
secondary to the claims of creditors.
The tax deductibility of interest lowers the cost of debt financing,
thereby causing the cost of debt financing to be lower than the cost of
Finance can be defined as the science and art of managing money
is concerned with the duties of the financial manager working in a business.
is a business owned by one person and operated for his or her own profit.
Current ratio = Current assets Current liabilities
(current assets-inventory)/current liabilities
Inventory turnover =
Cost of goods sold Inventory
Average Age of Inventory =
average collection period=