Introduction to Financial Management1 Financial Management Decisions Capital Budgeting Long-term Risk / timing Capital Structure Debt vs. Equity Working Capital Short-term
Introduction to Financial Management2 Legal forms of business Sole proprietorship Number of owners Advantages Disadvantages
Introduction to Financial Management3 Legal forms of business Partnership Number of owners Advantages Disadvantages
Introduction to Financial Management4 Legal forms of business Corporation Number of owners Advantages Disadvantages
Introduction to Financial Management5 Goals of financial management Increase… Profits? Management’s wealth? Stock price…shareholder wealth Does ethical behavior conflict with this goal?
Introduction to Financial Management6 Financial markets Secondary Where can you get Google stock? Lots Primary IPO Private placements