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.

Registration Name

Business Finance

Lecture Hours

3

Lab Hours

0

Credits

3

Prerequisite

ACCT 2010 and ACCT 2020

Offered

Demorest: Fall and Spring, Online: Spring

Student Learning Outcomes

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

• Understand the impact that business finance, and its myriad of applications, has on the success or failure of a business.
• Understand the techniques to value assets including but not limited to the Time Value of Money.
• 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.
• Understand financial ratio analysis including common size analysis, trend analysis and other methods.
• Understand the impact of debt and its associated interest, and dividend policy on the value of the firm and its ability to grow.
• Understand the capital markets and the nuances of the stock and bond markets and techniques for the valuation of each.
• Understand the impact of taxes on cash flows, profit margins and firm valuation.