BSM 200 Lecture Notes - Lecture 10: Money Market Fund, Cash Cash, Intangible Asset
2 Apr 2016
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Document Summary
Will be on the exam: financial formulas (10-15%) Chapter 16: operaions management, puing it all together. The goal of the irm is to maximize the value of the irm to its shareholders but a commitment to meeing social responsibiliies can contribute to proit. Financial raios provide insight into inancial strengths and weaknesses. Use inancial data from balance sheet and income statement. Companies can compare their raios with other businesses. Lo3 financial planning: providing a road map for the future. How much can you generate within the business (job, income, proit) Doesn"t have to be proit, can be working capital (cash) Timing is crucial, lets say you are thinking about going to university next year, you need money, have to plan. Budgeted income statement- forecasts, sales, expenses, and net income. Balance sheet- forecasts the types and amounts of assets a irm will need to carry out plans.
