ADM 2350 Chapter 1: ADM 2350 Chapter 1: Introduction to Corporate Finance
Document Summary
The financial manager tries to identify investment opportunities that are worth more to the firm than they will cost to acquire. The process of planning and managing a firm"s long-term investments. The value of the cash flow generated by an asset exceeds the cost of that asset. The specific mixture of short-term debt, long-term debt, and equity the firm uses to finance its operations. The financial manager also has to decide exactly how and where to raise the money. The different between a firm"s short-term assets, such as inventory, and its short-term liabilities, such as money owed to suppliers. Co-operative: an enterprise that is equally owned by its members, who share the benefits of the cooperation based on how much they use the co-operative"s services. Consumer co-op: provides products and services to its members. Producer co-op: processes and markets the goods or services produced by its members, and supplies products and services necessary to the members" professional activities.
