Business Finance answers these questions. Although, these are not the only questions, but they are among the most important. Business finance, broadly speaking, is the study of ways to answer these three questions.
What long-term investments should you take on? That is, what lines of business will you be in and what sorts of buildings, machinery, and equipment will you need?
Where will you get the long-term financing to pay for your investment? Will you bring in other owners or will you borrow the money?
How will you manage your everyday financial activities such as collecting from customers and paying suppliers?
Syllabus This course will teach you the fundamentals of financial accounting from the ground up. You will learn how to prepare a balance sheet, income statement, and cash flow statement, analyze financial statements, and calculate and interpret critical ratios. You will also learn the role of managerial judgment in choosing accounting estimates and methods. The course concludes with an introduction to forecasting and valuation.