FIN 305 Study Guide - Spring 2019, Comprehensive Midterm Notes - Amplitude Modulation, Am Broadcasting, Test Cricket
Document Summary
The study of how people and businesses evaluate investments and raise money (aka capital) to fun them. Applied area of economics that relies on accounting for input. Applied area of economics that relies on accounting for input (t/f) Anything you buy for the purpose of deriving greater value than you spent to acquire it. Houses are not an investment if you"re living in it. But, it could be an investment if you buy it to flip it, or rent it out. The role of a financial manager is to make decisions that add value to the firm. Determining policies and making decisions related to firm"s finances. Theoretical knowledge of how economic factors influence the firm and use the info to make managerial decisions: financial market institutions. Facilitate the flow of funds in the economy. Impact of interest rates on that flow of funds.
