BUSA 3400 Business Finance

Tools and techniques useful for aiding the manager in planning for and managing assets, short-term and long-term liabilities, capital budgeting, and income and expenditures by use of ratio analysis and other techniques.

Credits

3

Prerequisite

ACCT 2010 and ACCT 2020

Typically Offered

Athens Campus: fall evening — Demorest Campus: fall day, spring day, spring evening

Student Learning Outcomes

At the successful completion of this course, students will be able to:

1. Understand the impact that business finance, and its myriad of applications, has on the success or failure of a business.
2. Understand the techniques to value assets including but not limited to the Time Value of Money.
3. Understand balance sheets and income statements and have an ability to draw valuable information related to profits, cash flows and profit margins from these resources.
4. Understand financial ratio analysis including common size analysis, trend analysis and other methods.
5. Understand the impact of debt and its associated interest, and dividend policy on the value of the firm and its ability to grow.
6. Understand the capital markets and the nuances of the stock and bond markets and techniques for the valuation of each.
7. Understand the impact of taxes on cash flows, profit margins and firm valuation.