Introduces basic financial management topics including statement analysis, working capital, capital budgeting, and long-term financing. Focuses on New Present Value and Internal Rate of Return techniques, lease vs. Buy analysis and Cost of Capital computations. Uses problems and cases to enhance skills in financial planning and decision making.
A working knowledge of arithmetic, average skills in reading comprehension, and the ability to visualize and understand the basic operations of individual business activities in a free enterprise economic system. ACC 211 is strongly suggested before taking this course.