FIN 300 Study Guide - Final Guide: Net Income, Profit Margin, Capital Gain

• School: Ryerson University
• Department: Finance
• Course: FIN 300
• Professor: Patricia Mcgraw

Document Summary

0. 5 x ucc x cca rate %= x 2. Plan & manage firm asset and liab short term. Controller cost, fin accounting, tax payment, manage info system. Ceo (chief executive officer) overall responsibility of board. Stockholder= determine market value of a firms equity. Double taxation corp level when earned & paid out shareholders. Income trust/funds hold debt & equity of a business and dist income to unit holders. Reit real estate inv trust tht owns or income producing real estate. Goal of fin management is to make $ or add value for the owners equity & max the current value per share of existing stock. The total value of a stock in a corp = value of owner equity. Agency problem possibility of conflict btwn shareholder & management of a firm. Agency costs: monitor management & + value to mv of firms equity. Corp expenditure- good for management but $ shareholder.