Principles of Business Finance

Catalog description

Three lecture. Principles of financial management as applied to the operations of non- financial business and industry firms. Application of financial analysis tools and techniques needed for the process of business and industry financial administration and decision making, goals and functions of financial management, analysis and planning, working capital management, capital budgeting, and the cost of capital risk. Students will be able to: problem solving techniques; instruction interpretation; uderstanding of financial vocabulary; explain the basic business finance principles; describe financial analysis and planning; explain the capital budgeting process; explain the working capital management process; explain the differences between short and long term financing.